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Old Mar 21, 2010, 5:05 pm
  #212  
Jenbel
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Join Date: Oct 2002
Location: back to my roots in Scotland!
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Originally Posted by JDiver
Jenbel, I have made a few loans with partners that didn't quite have wings or in countries where the "fraction of corruption" is high - like Kenya - and in most cases, things have gone well. In one or two, not - but I'll keep on with this because of the positive impact and truly few defaults.
I did check and that particular loan is 85% repaid. So I'm not seeing it as a massive problem even if the partner does start having problems. And certainly not enough to discourage me from doing this.
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