Well, I'm sorry, Mrs. Thornton, but it is against bank policy to extend a loan for an exorcism.

Well we learned what happens.

loans, plus whatever they have left from the original 80,000

I'm pulling out of his scheme.

But in general, hopefully, I've shown to you that we can write the loan amount as the present value of all of the payments.

Whether people will continue to loan them money.

What are you carrying?

And today, less than five years in,

And then at the end of three months, you pay that lender back the 10 billion.

And so that cash ended up here.

We're now moving into East Africa.

And so with patient capital from Acumen and other organizations,

It could be patents, it could be licenses.

On the other hand, that loan be a bad idea if I had insolvency because it would just be throwing good money after bad.

And the corollary of more people willing to lend, is you that the actual standards go down.

97 percent of all the scheduled repayments came back to us on time.

At the time, there was a microlending group in the village that gave her a 65 dollar loan.

So once again, it's just a loan to someone else.

The bank accommodated the company with a loan.

One, two, three enterprises are put together to repay loans.

Let's see what happens when n is equal to 2.

So what is our payment amount?

Papa went to the bank to ask for another loan.

I'd like to apply for a smallbusiness loan.

So that's a very handsome return.

Foreclose means that Sal isn't paying on his debt, so we're going to take the collateral back that he gave for the loan.

So the risk managers within the bank think they have a great deal.

Let's just show an example of how the actual mortgage works.

Of course it's a huge fee.

And then if we go to, let's say, 2003.

And it's really time we start thinking more creatively about how they can be fused.

Now, if you don't trust someone, you place restrictions on them, right?

And I got scratch up front.

And to do that, let's get a little bit more abstract.

In this situation, you take your payment, you discount it by your monthly interest rate, you get the loan amount.

You can kind of say they keep on renewing those loans.

And that's the best they could do.

But the banks are still pretty confident then, and they're like, no.

In advance.

And she wants the infrastructure it is nice with a paved road.

And as soon as some of these people who had no jobs and got these 1 million loans, they probably couldn't even pay the mortgage on their loan, not to speak of continuing it, or even pay the low rate on the original teaser loan.

He probably did build equity over that 10 years from 1995 to 2005, but even if he didn't, even if all he did was pay the interest on this 80,000 loan.

Joint guaranty for loans is more than an enterprise, right?

But the total perceived value, let me write that down another

It's my code, E for equity. 80,000 loan.