Re: Idea for best utilizaiton of cash to help needy
To ensure a circle continues i am thinking about micro finance style deal to help our fellow brothers and sisters
typical option is you give the money or asset and forget about it but say if i give soemone to buy a rickshaw worth 100 K, than ideally want to guy to start paying me back in small installments say 4 or 5 K per month so i can after a year or so use the same money on soemoen else?
what are the changes of this being sucesful in Pakistan? it will work on trust?