GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW) | ||||||
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23:54 Jan 14, 2006 |
Bosnian to English translations [PRO] Bus/Financial - Finance (general) / credit-related terminology | |||||||
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| Selected response from: Veronica Prpic Uhing United States Local time: 01:49 | ||||||
Grading comment
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Summary of answers provided | ||||
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5 +1 | solidarity group (lending) |
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solidarity group (lending) Explanation: Potential client on solidarity group methodology must fulfil the following criteria: to be private entrepreneur, deal with services, commerce or handicrafts, bookkeeping or legal services agency, or to have municipal permission for public transportation; to have permission for commerce activity at citys markets; to deal with some other business activity which is not formally registered; to have a plan for start-up of its own business; to demonstrate entrepreneur initiative and business possibilities; planned investment must be reason for loan; to be a member of solidarity group which is formed in accordance with solidarity group rules. http://www.mikrofin.com/loan_solidarni.html -------------------------------------------------- Note added at 3 hrs 27 mins (2006-01-15 03:22:20 GMT) -------------------------------------------------- Solidarity group loans http://www.accionusa.org/mediakit.asp |
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