The latter ensures the funds accumulated by the Great Love Project and the Hope Project truly flow.
Previously, local loans were largely limited to private folk lending.
For example, if a certain cultivator wants to buy a pill to make a breakthrough, he would have to sell his own industry, often facing depreciated offers, even the former Lord Chu was no exception.
But now with Bright Moon Heavenly City as the official guarantor, the cultivator can go to the Great Unity Association to pledge his industry, and get a sum of money interest-free.
As long as it's repaid within the prescribed time, no interest will be incurred.
However, if it exceeds the limit period, interest will begin to accrue, which isn't high, just ten percent per year.
This seemingly insignificant loan business has turned the idle funds of the Great Unity Association into a golden egg laying hen.
This is also the banking business that Yu Xian initially envisaged.
