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In Bangladesh, the government has used loans from the World Bank to build cyclone shelters to cope with increasing cyclones.
In 1987, Mr. Udane's son Vichien Tejapaibul became president of the bank and used loans from it to finance the family's property investments.
More than 300 investment companies were started, some of which used loans backed by shares to invest in real estate and agriculture, the report said.
The second woman had used loans to support her family during a health crisis, and was at least being protected from the interest rates of a moneylender.
Even as China's auto sales rose rapidly last year, just 10 percent of Chinese car buyers used loans for their purchases, industry executives say.
Other mortgage brokers said banks were put off by borrowers who used loans to fix up their houses to sell and, presto, paid back the loans only months later.
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San Bernardino shooting: Attackers may have left bomb to kill police, used loan to buy arms.
Indeed, both recently started their own businesses using loans from a new corporate-sponsored credit foundation.
During the VSLA's second year, though, confidence grew in using loans to invest in farming activities.
While some parents may use loans and gifts to foster dependency among their children, others worry about creating it.
Attending college part time may have many benefits, including reducing the need to use loans to pay college costs.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com