I have recently spoken to my high school friend regarding opening a small business here in our place. She mentioned that another friend of hers is willing to join but has no enough capital to contribute. I suggested that she should try applying for a personal loan, if not ask a relative to do it for her if she’s lacking of requirements. Anyways, she has relatives in the US who can apply for her. Plus personal loans are easily given and granted in the US as long as you have completed the requirements. I think she liked the idea and said that she will certainly approached her sister about it.