A social loan is a special way of borrowing for lower incomes who otherwise unable to obtain loans but need money urgently.
A social loan can be used to public finance a home or simply use and is especially known in Belgium. Banks in the Netherlands provide Social Netherlands (SBN) social lending.
This Social Netherlands Banks are a collaboration between commercial banks and 14 regional social work without profit. So cheap loans but lend responsibly for a useful purpose. (continue reading…)
