Microloan Foundation provides its local loan officers with motor bikes so they can reach villages only accessible by dirt roads.
The poor must then turn to local loan sharks who illegally charge interest rates of as much as 300% a year.
The first scheme, in Kensington in Liverpool, will provide 2000 computers available free on loan to local residents, along with cheap internet access and a special local web portal and extra training opportunities.
Foreclosures work differently from state to state, but the basics are pretty standard: When a homeowner starts missing mortgage payments, the bank gives notice to the homeowner and to the local government that the loan is delinquent.
Lancashire Council will fund about 20% of a loan to a local business.
About half of that sum is expected to be real spending, the rest in the form of raising loan limits on local governments.
Last month Communities Creating Opportunity, a non-profit group in Kansas City, Missouri, invited representatives of Bank of America and Countrywide to negotiate loan modifications with local customers.
One small business owner I spoke with said he had better luck getting his loan approved by local credit union in suburban Maryland after being denied by two big banks.
FORBES: Small Business Credit Crunch: A Supply or Demand Problem?
My brother (who had inherited the farm according to our customs) had taken a loan with a local bank which he had been unable to service, so the bank opted to auction the farm which my brother had tendered as collateral.
If you, as an individual, entered your local bank and asked for a loan with a similar debt-to-income ratio, what do you think the loan officer would say?
They tapped into a nationwide pool of loan officers to work in local markets and increase their reach.
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Next month, the group also will start test marketing a concept called the Soil Trust, an ambitious loan guarantee for money lent to local enterprises.
And the Peace Dividend Trust submitted an innovative loan guarantee model aimed at empowering local SMEs to bid for donor procurement contracts in post-conflict or post-disaster economies.
The credit union industry is growing by leaps and bounds as people discover that these institutions are local, owned by depositors, charge lower loan rates, pay higher interest rates, and have few transaction fees.
You should take the information, including your loan proposal and submit it to a local lender.
He or she would visit their local bank, sit across the desk from a loan officer, and cross their fingers.
Loan customers are mostly medium-sized local businesses, which might be too small to get much attention from a bank with national aspirations.
Foundation schools may decide to do building work without getting local authority agreement - but they cannot raise a loan on the buildings and of course it means they have to put right anything that goes wrong.
However, despite the loan, the deficit is still concerning the local health watchdog, which says the shortage of money has affected services.
BBC: NEWS | UK | England | Cornwall | Council loan to health trusts approved
In the case of Credit Agricole, local subsidiary Emporiki is the chief concern, with a consumer loan book of 21.1 billion euro as of March 31.
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Meanwhile, credit unions continue to push for Congress to approve an increase of their caps on commercial loan portfolios in order to offer more loans to local businesses.
FORBES: Will banks' shifting portfolio mixes mean easier borrowing for businesses?
Now, it is hard for us to receive a loan only because the money we count on are local people to support us, and we support them with our meals, obviously.
The outsiders did most damage by causing local banks' non-interest income to decline and their bad-loan provisions to rise.
Some examples of Recovery Act programs that leverage other investment funds are tax credits for advanced energy manufacturing, loan guarantees for small businesses, and interest subsidies for state and local borrowing to finance essential infrastructure projects.
WHITEHOUSE: Recovery Act Fourth Quarterly Report - Executive Summary
The council loan was approved to cover the shortfall between that grant, and others from local organisations, and enable the work to start.
BBC: Louis Smith's Huntingdon gym to expand after council loan
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