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

Well, what's going to happen?

That's called paying off the principal.

But these were essentially no down payment.

We realize it was just because financing got easier.

The standards for getting a loan went lower and lower.

We disproved all that.

So just this is liability, 750,000.

The stability this provides is giving the farmers the confidence to invest.

They are too far in debt to get the small business loan.

You could just say what you made.

But that led to the obvious question.

Well I have no debts, so I have 250,000 in cash, total.

I'd like to get a bank loan how do I go about that?

It could be patents, it could be licenses.

By then, he'd built his one truck into a big trucking company.

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

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

But I think you get a sense of what's happening.

sticks and carrots.

I'm pulling out of his scheme.

So what is our payment amount?

So that's a very handsome return.

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

So this is the treasury yield curve.

Well we learned what happens.

I want to get a bank loan in half a year's time what should I be doing now?

And so that cash ended up here.

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

Whether people will continue to loan them money.

Even though, even if no one's incomes increased, even if the population didn't increase.

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

He had to mortgage all his life savings to make a bank loan.

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.

If I charge 1.60 per cupcake and I only sell 400,000 cupcakes,

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

What are you carrying?

But hopefully now you can see that the balance sheet is starting to seem a little bit useful.

And today, less than five years in,

His failure to do so was caused by a lack of adequate financing due to serious outside interference.

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

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

We're now moving into East Africa.

So this is lending some cash.

And so with patient capital from Acumen and other organizations,