Finance: Nearly 60% of rejected young borrowers forced into mashonisas

Nearly 60% of young South Africans rejected by banks are turning to mashonisas as unemployment, rising costs, and student debt push survival borrowing into dangerous territory. Jacob Moshokoa speaks to Samantha Moyana, Debt Counsellor at National Debt Advisors, about how financial exclusion is driving a generation into informal lending and why this is being seen as a system failure rather than personal financial irresponsibility.See omnystudio.com/listener for privacy information.