It once was said that in this country, one has to prove they don't need a
loan to be granted a loan.

Go figure!

On Sat, Mar 19, 2011 at 8:13 PM, <[email protected]> wrote:

> Comrades.
>
> It is to my understanding that when people go to the NYDA and ask for a
> loan, they are asked to give SURETY.
>
> I know of a lady who could not be helped because she did not have any
> surety nor anyone who was willing to act as her surety.
>
> My question therefore is how is the NYDA supposed to help the youth who are
> in poverty and are seeking to improve their lives.  Shouldn't the NYDA be
> prepared to take risks on young people who might not be able to repay the
> loans and also ensure that they assist our youth in every possible way?
>
> This ongoing trend of surety ship in the NYDA will perpetuate the cycle of
> the haves accumulating more and the have nots sinking deeper into poverty
> Sent from my BlackBerry® wireless device
>
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