Sapa: Loans & Advances
Hello my people. Blessed Easter Sunday to you. I hope you are taking the opportunity of the extended holiday weekend for some rest and maybe a little fun.
We are still discussing Sapa: Loans & Advances. We have looked briefly at Advances and will move straight to Loans which is the crux of the discussion.
What is a loan? A loan is a sum of money borrowed from a lender (which could be an individual, bank, MFI etc) for a period of time to be paid back with interest and/or other charges. The debtor or borrower usually borrows the said sum for business or personal purposes
#sapanomics #nircleblog #discovermynircleblog #readmynircleblog
#sapanomics #nircleblog #discovermynircleblog #readmynircleblog
