[BobbyH]

I take your point. It's just that if those four loans default, you will be down 16%. If that happens, you will lose your principal and also not earn interest on those defaulted loans. So even though you charged an 8.4% APR, you will only earn interest on 84% of your loan balance. So unless a miracle happens, it doesn't seem likely that you will break even.

Here are some details on those four loans:

* Alex made one late partial payment ($1.17) on his $100 loan and is 108 days late on his second payment: https://www.zidisha.org/microfinance/loan/Macbul/3583.html

* Margret hasn't "rescheduled" her loan even though she hasn't made a payment for four months: https://www.zidisha.org/microfinance/loan/margret-muthoni/34...

* Cynthia missed her first four payments, rescheduled her loan, and is now two months behind: https://www.zidisha.org/microfinance/loan/cynthia1988/3090.h...

* Soknya missed three months of payments, rescheduled, and is now 67 days late: https://www.zidisha.org/microfinance/loan/sdndiaye/1908.html