The microloan helped you take a big step toward your school fees. One more loan and you could pay all the fees tomorrow. It would take weeks to earn the rest at the market. Should you risk going further into debt to reach your goal today?
What do you decide to do?
You decide to pay now and take time to relax with your friends before the semester starts. You take another microloan.
You already have one unpaid loan. You decide to work extra at the market to ensure the microloan and the school fees will be paid on time.
Related findings factor Risk Perceptions
