|
1
|
financing
|
India
|
Often done through informal networks such as family and friends due to limited access to formal banking services
|
1
|
|
2
|
lender
|
India
|
Lenders are often family members or close friends who provide financial assistance without the expectation of strict repayment terms.
|
1
|
|
3
|
lender
|
India
|
Family members or close friends are often the first choice as lenders for personal loans or financial support.
|
1
|
|
4
|
lender
|
India
|
Lending is often informal, with friends, family, or local moneylenders providing loans outside of formal banking institutions.
|
1
|
|
5
|
loan applications
|
India
|
Loan applications often require extensive documentation and guarantors due to the emphasis on personal relationships and trust in lending.
|
1
|
|
6
|
loan payment
|
India
|
Loan payments are often made on a weekly or bi-weekly basis, and it's common for people to make partial payments instead of fixed monthly installments.
|
1
|
|
7
|
money lending
|
India
|
Informal money lending systems like 'chit funds' are common
|
1
|
|
8
|
mortgage
|
India
|
Less common way to finance homeownership, many people prefer to save and buy property without taking a mortgage.
|
1
|
|
9
|
mortgage lender
|
India
|
Mortgage lenders are not as commonly utilized, and many individuals prefer to purchase homes using their own savings or with support from family members.
|
1
|
|
10
|
mortgage lender
|
India
|
Not as prevalent due to traditional cultural attitudes towards homeownership and financial management.
|
1
|
|
11
|
mortgage lender
|
India
|
Less commonly used for home purchases, as joint family and multi-generational living arrangements are more prevalent
|
1
|
|
12
|
mortgage lender
|
India
|
Borrowing money for a mortgage from family members or close social connections is more common than obtaining loans from traditional financial institutions.
|
1
|
|
13
|
mortgages
|
India
|
Family assistance and co-signing are common in securing a mortgage
|
1
|