Tag Archives: Loans

As Cost Of Education Rises, Unpaid Student Loans Surge

NPAs due to students not paying back their loans spiked to over 10 per cent Mumbai: Despite increasing number of students not paying back their loans spiking NPAs to over 10 per cent, lending continues for higher education with the disbursals topping Rs. 20,000 crore in fiscal 2017, according to a report. Banks and other lenders together disbursed around Rs. ... Read More »

Opportunity Fund Targets Minority Businesses, Loans More Than $60 Million in 2016

Small businesses in California that can’t access capital through traditional lenders have another option. Opportunity Fund is an organization that provides microloans to small businesses. Since it was founded in 1994, the organization has loaned more than $164 million to more than 5,500 businesses. And in its 2016 fiscal year, Opportunity Fund provided over $60 million in loans, with a ... Read More »