Business and Payday Loans » Social Loan http://www.iraniansvote.org Talking All About Business and Payday Loans Wed, 09 Feb 2011 08:46:53 +0000 http://wordpress.org/?v=2.9.2 en hourly 1 Social Loan http://www.iraniansvote.org/social-loan.htm http://www.iraniansvote.org/social-loan.htm#comments Tue, 13 Jul 2010 13:59:28 +0000 arkam http://www.iraniansvote.org/?p=207 Read the Rest...
]]> 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.

A loan for a new television, or borrow money for a holiday will not be able to SBN. These loans are therefore only provided to low income (up to 130% of the applicable minimum gross wage).

SBN calculates a rate, but this will be much lower than with a commercial bank.

Advantages
Very low interest rates and good guidance.
Only borrow money for much needed business.

Disadvantages
Only for very low income.
Only borrow money for much needed business

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