"I haven't completed yet. Both these problems can actually be solved quite easily."
Wang Ye said with a smile, and then elaborated his solution to his dad.
First, determining if the person borrowing money genuinely needs it to solve their problems or establish their business, rather than waste it.
This is simple because the people managing the fund are locals of our village!
Those from village backgrounds should know, every household in a village hardly has any secrets.
Being in such close proximity, if you speak slightly louder at home, your neighbors might overhear the conversation.
Those trying to cheat will have no place to hide before the villagers.
Moreover, there's a 'public announcement' process before borrowing.
If a family wants to borrow money, it has to be discussed by the fund management committee and then publicly announced to the whole village so everyone knows why they are borrowing money.
If the reason is false, undoubtedly, people will point it out.
