A loan is an amount of money borrowed from one individual or entity to another for a set period within an agreed repayment schedule. The repayment amount will depend on the three components of a loan – principal, rate of interest, and tenure for which the loan is availed.
Let me begin with the quote that “By failing to plan, you are planning to fail”.
The fact that every step made in a particular direction does not just come out of the blues, cannot be overemphasized. Hence, the need to write out the vision and make it plain.