NBD must reduce loan equity

Letters, Normal

The National, Thursday June 18th, 2015

 I FULLY support Bulolo MP Sam Bsail for saying recently that 30% equity imposed by NDB for a loan is too high. NDB is supposed to be the peoples’ bank where it can serve mostly village people but it is not. This Bank must be for the well offs and the rich. I ask the NDB to reconsider the and reduce it to 10% where the grassroots or the first timers can afford the upfront payment for the loan.  


Can’t afford, via email