Which loan is preferred by villager?
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Loans are repayable by weekly, fortnightly or monthly installments at the choice of the borrower/group. Eligibility Criteria for Village Financial ...
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Interest rate/Annual percentage rate (APR)
For some loan types, comparing interest rates is appropriate, but the APR is a better number to review. The APR factors in fees, including points and origination fees, while the interest rate is just the basic interest charged.
For some loan types, comparing interest rates is appropriate, but the APR is a better number to review. The APR factors in fees, including points and origination fees, while the interest rate is just the basic interest charged.
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