Loans Essay

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In South East Asia most people can barely afford 3 meals a day. In countries such as Cambodia people can work for hours and hours and still not get paid. Some people save their money in banks only to find them empty and others must experience through immense poverty because their government contains a immense lust for money and power. Many causes of poverty exist in our world and many people do not appreciate them.

Loans commonly and predominant cause poverty , whether they are student loans or bank loans for houses, to get out of debt or to get out of poverty. A person gives a Loan (a certain amount of money) to a person and then the person who receives the money pays back a percentage of the received money every month, week or year. Loans

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