Gaza's teetering tower of debt
28 November 2006
Abu Khamis’s credit book is seeing a lot of use these days. The scribbled notes account for 45,000 shekels (US$10,000) owed for goods he has advanced to his penniless customers. “I have two credit books full of debt. I’m getting women coming in and offering to sell their jewellery, even their wedding rings. People simply have no money,” the clothes trader, who works in the central market of Gaza’s teeming Jabalia refugee camp, said. But Khamis’s credit line has almost run out. “I can carry on like this for about another month - and then I will have to stop lending,” he said. “And it’s not just me - it’s every shop in Jabalia.” Read more about Gaza's teetering tower of debt