Exact(25)
Suggestions that vulnerable countries be given loans instead of grants were not politically acceptable.
Now the largest insurer of mortgages in the world, the Federal Housing Administration has given loans for over 34 million properties since its foundation in 1934.
It will identify areas most suitable for rubber planting and persuade smallholders there to form co-operatives. Farmers will be given loans for replanting.
Civil servants in some departments are given loans on generous terms.American officials depict the international campaign to ostracise Iran as successful coalition-building.
In October, Wonga was forced by the City watchdog to write off £220m of loans to 375,000 customers, who it admitted should never have been given loans.
Last week the lender revealed that it will write off £220m of loans to 375,000 borrowers that it now admits should never have been given loans.
Similar(33)
This would let central banks cut effective borrowing costs despite the zero bound on interest rates, since inflation reduces the burden of repaying a given loan.
The issue is not whether a given loan went bad, of course, but whether it was properly documented and underwritten by the standards that were promised.
La Familia gives loans to farmers, businesses, schools and churches.
These countries give loans, not grants, to Morocco.
"Brazilian banks hardly give loans to Brazilians," he said.
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