The parents made a good faith effort to renegotiate the debt under hardship conditions. The bank told them no. That's the outrageousness of it. They sought a pound of flesh and now they got it. I hope they are happy. They have been paid back. As for the baby, well, big deal, it's only a baby and his or her future, sold to someone with cash /s
Talk about missing the point!
The worst thing that would happen if they did not repay the loan is they would merely be ineligible for another one.
Furthermore, it is clear that the child was sold because they could not afford to support it not because of their debt. (despite the Marxist anti-microloan spin)