Brunton, P. Desmond
This study is concerned with developing a system of loan evaluation
for us by a development bank , focussing on the extent to which the loan
recipients experienced improvement in their financial position . It is
suggested that such financial improvement is a necessary condition for
success of any credit program.
The evaluation system developed uses the 'owner's' net present
value or work as he decision criterion to judge whether financial
success had , in fact , occurred . Fourteen...[Show more]
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