Sentence examples for with small loans from inspiring English sources

We have heard others say that big banks have difficulty with small loans — though it's rare to hear a banker acknowledge it.

Money itself is just a collective agreement that a piece of paper can always be exchanged for goods or services.Imagine, for a second, how finance began, with small loans within families and between trusted friends.

However, critics of the £2bn a year industry have accused lenders of targeting vulnerable borrowers with small loans which quickly spiral into big debts as a result of high interest rates and fees.

Though the monthly repayment in isolation would be higher [£915, as opposed to £837 with Halifax], when factoring in the lower fee, the cost over the term is less at £22, 977.' Percentage-based fees can also come with a minimum flat fee, negating their value for people with small loans, adds Boulger.

For instance, Selco, an Indian solar-energy pioneer, found that because many of its customers were living in remote areas, it had to set up local networks of trained technicians to sell, install and repair its products, and provide customers with small loans.Bigger namesMost of these Chinese and Indian innovators are not well known, but it is only a matter of time before some will be.

Microfinance helps unlock the entrepreneurial potential of the poor with small loans and other assistance they need to lift themselves out of poverty.

In April, G.M. repaid the balance of its $6.7 billion loan from the federal government, along with smaller loans from the Canadian and Ontario governments.

DealBook »   How the Rich Avoid Foreclosure  |  Borrowers with defaulted mortgages of at least $1 million were able to stay in their homes longer than those with smaller loans, as banks tended to keep large mortgages on their books, The Wall Street Journal reports.

Repayments on a £150,000 mortgage are £565 a month, according to David Hollingworth, of mortgage brokers London and Country, although the product has a fee of £1,499 which could prove expensive for customers with smaller loans.

Hence, borrowers who have access to big loans are able to expand faster and take advantage of any emerging entrepreneurial opportunities better than borrowers with smaller loans.

Members of the military often find that, like their civilian counterparts, their credit suffers from a few simple financial mistakes or from spending time in service to the country rather than purchasing items with credit cards or with smaller loans.