"As each woman becomes self-sufficient, her loan is repaid and passed to another woman, creating a multiplier effect and breaking the cycle of poverty," according to the release.
But these grants are only available to families with a total income below about £42,000 and there have been warnings that young people from "squeezed middle" families do not have access to sufficient student loans.
Lending limits of the small banks are not sufficient to satisfy loan requirements for substantial industrial and commercial enterprise.
These five key areas, among others, will determine your likelihood of getting and SBA loan: Sufficient equity invested into the business.
The bailout fund would agree to absorb any losses but, as an insurance program, its capital would be sufficient to guarantee loans with an aggregate value several times as large.
Again, to quote Mr. Bernanke: "The company's available collateral fell well short of the amount needed to secure a Federal Reserve loan of sufficient size to meet its funding needs".
A company may want to build its assets so rapidly or pay such excessive dividends that the banker questions whether the EBIT stream will be sufficient to service the loan.
"We'll only con sider a direct request from each individual sufficient reason for canceling loan agreements". So far, she said, only Jim Dine and Ron Kitaj, both of whom are living in England, have sent in such requests.
"We expect that the proceeds of these sales will be sufficient to repay the loan in full and enable AIG's businesses to continue as substantial participants in their respective markets".
Furthermore, the revenues generated, less the business operating expenses, must be sufficient to make the loan payments.
