4 ms·
I doubt it. NPV is a kind of weird thing to be measuring though in personal lending. I guess in some cases it could be a "repair your car so you can get to work
by netcan 13y ago
I doubt it. NPV is a kind of weird thing to be measuring though in personal lending. I guess in some cases it could be a "repair your car so you can get to work" situation. More likely it's to pay rent or eat or buy weed.
- mathattack 13y agoIn Asia a lot of the microfinance goes to fund new businesses. The rates are similar to what's been discussed here - once all the fees are factored in it can be 30some percent. It doesn't sound like charity, but there are a lot of fixed costs involved in the loans that need to be amortized.