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Seldersen extends credit to his customers, but fewer and fewer pay him back.
No one extends credit these days without feeling confident about the recipient.
Mr. Herrera, 42, called Junie, contributes to Ojinaga civic causes and is known as the only Presidio grocer who extends credit to Mexican families.
To participate in the program, borrowers must shift their loans into the federal Direct Loan program, in which the government extends credit directly.
They wait in the plaza for work or eat a cheap bowl of pozole at the Last Resort, which was started by a laid-off oil worker who extends credit.
He now extends credit to Sharia' al-Hawadith to reach increasing numbers of poor people who have been hit by inflation and a falling currency, which puts medicines imported from Europe or the US even further out of reach.
Similar(42)
& extended credit to the writer.
Mobile-phone firms will extend credit.
Banks, however, remained reluctant to extend credit.
His father regularly extended credit.
In March, banks simply stopped extending credit.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com