Essays on Canales

The Tequila Worm is a story of a young girl Sofia, portraying the thoughts and experiences through her perspective about the various things that she goes through in life. While reading the story, I could relate with various events of Sofia’s life and found myself comparing my thoughts to her. While similarities between her and my life do exist, and in abundance, there were also some stark differences. This paper analyzes the thoughts and experiences of the protagonist of The Tequila Worm while drawing comparisons from my own life. One of the main comparisons between Sofia’s life ...

Credit Risk Management

Commercial Loan Market Commercial loans are debt arrangements agreed upon by the lender (business) and borrower (financial institution) to cover operational costs or fund business projects. During economic downturn, financial institutions are cautious of their lending and consequently import strict regulations that force borrowers to pay a higher interest rate. The agreement between the lender and borrower in the market is documented in a “credit agreement.” In credit risk management, the most important components of the agreement describe the covenants, the security requirements, priority of payments and events of default.

Segmentation of Commercial Loan Market

Financial institutions use credit rating to qualify borrowers based ...

The revival of letter writing traces its roots to the intervention of the printing press, increased availability of books, the changing outlook on religions and rising literacy levels (Roberts, 1843). In the old days, letters were not widely used since the level of literacy was generally low. Very few people could read and write. The Lutheran church in Sweden, by 18th century motivated the faster rise in literacy level due to an initiative that ordered people to be able to read the bible. In 1870, the government of Australia introduced a compulsory education scheme for combating ignorance. The US also ...