100 march in annual Good Friday pilgrimage
DAYTON — Carrying a small cross with "GREED" written across it in big block letters, Migwe Kimemia stood in front of downtown tax preparation business that offers high-interest tax anticipation loans and talked about payday loans, predatory lending and other business practices that impact the poor.
Kimemia, who works on poverty issues for the American Friends Service Committee, said payday lenders charge interest rates that exceed 300 percent annually and trap desperate borrowers into taking out new loans to pay off old ones, which sinks the debtors deeper into poverty.
"Due to the corruption of the system, the process becomes a form of indentured servitude between borrower and lender," Kimemia said. "Jesus calls us to a higher level of justice."
The stop at the tax preparation business was one of 14 on the annual Good Friday Walk for Justice and Peace that took place Friday, March 21, at Courthouse Square.
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