The evaluation of agricultural loans : a case study of development bank financed cattle projects in the Markham Valley of Papua New Guinea
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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