The role of credit, especially supervised loans for smallholders, was supported.
Enter the 203 k), an especially attractive loan for those drawn to the bargain prices but who don't have the cash to bring the house up to habitable standards.
Mr. Ghosn acknowledged that the incentives could not last forever, but he and other European auto executives argued that other government support was still critical, especially access to loans for the industry itself to help it survive the fallout of the financial crisis.
While small business loan demand may not have fully recovered, she argued, neither has the supply from lenders, especially for loans under $150,000.
Combined with rising interest rates from the Federal Reserve, banks have become more willing lenders – especially for loans with adjustable rates that are likely to rise.
Sure, absent education about what an APR represents, the metric can be confusing to borrowers -- especially for loans with durations of less than one year; however, an APR is ultimately something borrowers are familiar with when seeing the price of other financing products, like credit cards.
Not surprisingly, many African leaders have embraced the Chinese, especially when offered vast loans for infrastructure projects.
"Manual record keeping means that the group's rich transaction history is invisible to formal institutions that might be able to provide more financial services to groups, especially if they want loans for agricultural investment," says Kenneth Barigye, LWR Uganda country director.
The survey, called the Beige Book and published eight times a year, also found bankers reporting increased demand for loans, especially for home mortgages.
PAGE A16 STUDENT LOAN DEFAULTS RISE The number of borrowers who defaulted on federal student loans rose sharply last year, especially at for-profit schools, where 15 percent of borrowers defaulted in the first two years of repayment, up from 11.6 percent the previous year.
