Many have taken to buying food and water on credit .
许多人开始靠赊账来买食物和水。
The lenders tighten up on credit further squeezing the economy .
放贷者会加强信用管理,这导致经济进一步紧缩。
But hopes for a strong private-sector recovery are undermined by the data on credit growth .
然而,对私人部门强劲反弹的希望却受到信贷增长数据的侵蚀。
The company has made a fortune out of selling even modest products on credit offering payments in monthly instalments to the millions who cannot afford to buy a washing machine outright and do not qualify for loans elsewhere .