Perpetual Education Fund
Who manages the individual loans?
August 21, 2008
Who manages the individual loans?
Typically loans are arranged between the young person and the local bank or financial institution. This has several advantages:
- Working with a bank, participants develop good money habits.
- In turn, the bank helps participants stay current with payments and provides answers to questions and concerns.
- Participants thus become trusted members of the community, which opens the door for future opportunities.