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Amtrak approached more than 40 potential sources of capital for the renovation, according to a person involved in those efforts, but was turned down because it was losing hundreds of millions of dollars a year, making for poor creditworthiness in an anchor tenant.
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But belief is something that mainstream lenders lack when it comes to assessing the creditworthiness of the poor.
Chittagong Muhammad Yunus, (born June 28 , 1940 Chittagong, East Bengal [now Bangladesh]), Bangladeshi economist and founder of the Grameen Bank, an institution that provides microcredit (small loans to poor people possessing no collateral) to help its clients establish creditworthiness and financial self-sufficiency.
To assess the creditworthiness, young firms are in difficult position for their poor image and goodwill.
Poor economic performance by Spain and Italy could further shake investors' confidence in their creditworthiness, causing their borrowing costs to rise.
By servicing the other side of the poor's balance sheet, microlenders would get a better sense of the creditworthiness of their customers and make them partners in the enterprise.
Standard, Poor and Moody – in reference to the companies who have been rating European countries' creditworthiness.
They likely won't risk loaning money or extending credit to those whose creditworthiness is a big question mark or, worse, who have a track record of poor money management.
The authors show that poor people can make good use of borrowed money, even if they sometimes struggle to demonstrate this creditworthiness to lenders.
No proof of creditworthiness.
This bolstered the twins' creditworthiness.
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