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Rural Ireland fights gombeen men with cooperative credit
In Dunglow Donegal a journalist follows Paddy Gallagher and Shane O ge to show how gombeen traders drain poor farmers. The piece explains cooperative credit societies run by trusted locals offer productive loans at low rates, with two sureties, oversight on use, and near access. It suggests US rural America could adopt similar co op models to curb loan sharks.
MENTIONED IN THIS ARTICLE
Dunglow
County Donegal
Ireland
Gombeen
Paddy Gallagher
Danglow
Patrick Galliagher
Trick Gallagher
Cnine Betas
Donegal
Bombeen
Co-Operative Society
Horace Plunkett
Dublin
Donald O’boyle
Shane O’ge
Dtc
Cooperative Association
Cooperative Society
America
Jesson