LibraryScenariosWhen Survival Needs Override Business Plans
Scenario

When Survival Needs Override Business Plans

I used my microloan to pay for my daughter's school fees instead of starting the business I proposed and now I have to lie to the loan officer every month.

Zera
Online
The coach is replying

More people experience this than they realize.

What we've seen

Immediate family welfare often trumps long-term economic strategies when resources are scarce.

Ideas that help explain it
Worth thinking about

“Where Are You with Microfinance — small loans and global poverty?”

If this sounds familiar, the Library can help you find the bigger picture.