Soft loan
id:
soft-loan-212-3189459
title:
Soft loan
text:
A soft loan is a loan with a below-market rate of interest. This is also known as soft financing. Sometimes, soft loans provide other concessions to borrowers, such as long repayment periods or interest holidays. Soft loans are usually provided by governments to projects they think are worthwhile. The World Bank and other development institutions provide soft loans to developing countries. This contrasts with a hard loan, which has to be paid back in an agreed hard currency, usually of a country
brand slug:
wiki
category slug:
encyclopedia
description:
Loan with a below-market rate of interest
original url:
https://en.wikipedia.org/wiki/Soft_loan
date created:
2006-02-20T17:26:27Z
date modified:
2024-09-12T10:11:38Z
main entity:
{"identifier":"Q205205","url":"https://www.wikidata.org/entity/Q205205"}
image:
fields total:
13
integrity:
15