The deceased was identified as Rupna Sharma, 38, wife of Arun Kumar Sharma of Mozaffarpur village in the upazila.
Quoting local people, sub-inspector of Hathazari Model Police Station, Mozahid, said Arun, a barber by profession, got married to Rupna 20 years back and the couple has been blessed with two daughters and one son.
As Rupna failed to fulfill the demand of her family she took Tk 8 lakh as loan from seven local NGOs in the last few years.
Somehow she used to pay the installments but for the last several months she failed to pay the installments in time due to lack of regular work of her husband during the Covid-19 pandemic situation, said the OC.
The NGO authorities repeatedly asked her to continue her installments which became a burden for her.
Failing to pay the installments she hanged herself sometime in the night, said her husband.
On information, police went to the spot and recovered the body at noon.