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2. Joint liability groups - Wikipedia

   en.wikipedia.org/wiki/Joint_Liability_Groups

   Joint Liability Group is a group of 4-10 people of the same village or locality of homogenous nature and of the same socioeconomic background who mutually come together to form a group for the purpose of availing loan from a bank without any collateral.

3. Solidarity lending - Wikipedia

   en.wikipedia.org/wiki/Solidarity_lending

   Solidarity lending involves collateral-free loans through solidarity groups and village organizations like this one in Bangladesh. Solidarity lending is a lending practice where small groups borrow collectively and group members encourage one another to repay. It is an important building block of microfinance.

4. Microcredit - Wikipedia

   en.wikipedia.org/wiki/Microcredit

   Indeed, the local microfinance organizations that receive zero-interest loan capital from the online microlending platform Kiva charge average interest and fee rates of 35.21%. [44] Rather, the principal reason for the high cost of microcredit loans is the high transaction cost of traditional microfinance operations relative to loan size. [45]

5. What is a personal loan? What you should know before you apply

   www.aol.com/finance/personal-loan-213206505.html

   A personal loan works a lot like an auto loan. You borrow money from a lender and pay it back in equal payments over a term of up to seven years. However, unlike a car loan, most personal loans ...

6. How to get a small business loan without collateral

   www.aol.com/finance/small-business-loan-without...

   Bankrate insight. As of March 2024, for fiscal year 2024, 29.9 percent of 7(a) loans were approved for $50,000 and under. New businesses with under two years of experience made up just 18 percent ...

7. Pros and cons of unsecured business loans - AOL

   www.aol.com/finance/pros-cons-unsecured-business...

   Unsecured business loans offer quick access to funds without offering collateral. A business might pursue an unsecured business loan for things like: Working capital : Manage cash flow ...

8. Collateral (finance) - Wikipedia

   en.wikipedia.org/wiki/Collateral_(finance)

   In lending agreements, collateral is a borrower's pledge of specific property to a lender, to secure repayment of a loan. [1] [2] The collateral serves as a lender's protection against a borrower's default and so can be used to offset the loan if the borrower fails to pay the principal and interest satisfactorily under the terms of the lending ...

9. What is an unsecured business loan and how does it work? - AOL

   www.aol.com/finance/unsecured-business-loan-does...

   Unsecured business loans can come in the form of term loans, business lines of credit, invoice factoring, and merchant cash advances Many lenders will want you to offer business collateral when ...