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Soft loan
SOFT LOAN

Definition: (business) A loan with a very low interest rate. Soft loans are usually made to developing countries or to businesses in developing countries.
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* All six elements should be in.


1. Purposeful and necessary - for the recipient or receiver.

2. Requested or applied for by who needs aid (connect to #1).

3. Its terms and conditions can be reviewed in favour of 'beggar'.

4. Received or given timely or as soon as possible. (To emphasize.)

5. Amount is adequate or enough, in whatever currency or currencies.

6. Efficiently managed or utilized by the recipient country or business. That is, sum received serves purpose(s). In other words, amount will not be mismanaged or embezzled or misappropriated.
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... usually becomes 'hard' to pay back !


See perfect LOAN SHARK.
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See perfect THIRD WORLD.
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See perfect FOURTH WORLD.
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See perfect LENDING RATE.

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