Article•7 Aug 2026
Moneylenders at 60 to 120 Percent vs Interest-Free Cooperatives: The Comparison That Explains the Sector (2026)
Al-Khair documents moneylender rates of 60 to 120 percent a year in the communities it serves. Its own one-time charges run 8 to 18 percent. The comparison that explains why India's interest-free co-ops exist.