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What happens if a business doesn’t succeed?

April 26, 2017Business doesn’t happens succeed

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What happens if a business doesn’t succeed?

1 Answer

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We do risk the possibility that some businesses will not succeed, and our loan investment in them will be lost. To mitigate this risk, a portion of all loan repayments is set aside as a reserve to cover potential losses. Though business development is always risky, we believe the risk is necessary to advance Bible translation in many areas. Our team works to minimize this risk by providing sound business planning, coaching and training to each business we support.