My brother and I inherited our father's small business and we want to use some of the profits to fund microloans in our immigrant community, but we can't agree on how to vet borrowers without seeming like we're judging our neighbors. He thinks I'm being too careful, I think he's being too trusting, and we're both worried about what happens to relationships if people can't pay back.
More people experience this than they realize.
Intimate knowledge of potential borrowers complicates the distance needed for fair financial decisions.
“Where Are You with Microfinance — small loans and global poverty?”
If this sounds familiar, the Library can help you find the bigger picture.