The Amish have no credit history, no FICO score, and no Driver's License, yet this banker has never lost money lending to the Amish. The bank's customers are 95% Amish and the bank has made $100 million in Ag loans.
Anthony
PS, I like the description of the buggies. 2008 model with retractable carved maple cup holders. Could there be an export market for Amish buggies?
Anthony,
With the busting of the USA economy, I believe the USA will consume all of the buggies the Amish can produce.
I know a used car dealer who is slow to extend credit to whites but is quick to do so with Mexicans. She has never lost money with the Mexicans either. There is a question the adults in this communities ask themselves: "What are our children learning from our behaviour?" This makes for profound differences in cultures.
Tuesday, December 16, 2008
Anthony On Export Oppty
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