2008年5月4日 星期日

soft loan

Japan to provide soft loan to Pakistan
Japan will provide a soft loan of 479 million US dollars to Pakistan to develop the country's irrigation system, ...

1. A loan with a below-market rate of interest.

2. Loans made by multinational development banks and the World Bank to developing countries. Typically, soft loans have extended grace periods in which only interest or service charges are due. They also offer longer amortization schedules and lower interest rates than conventional bank loans.

沒有留言: