People move about in Wuhan, Hubei province, as travel restrictions are lifted in the original epicentre of the global coronavirus outbreak, on Wednesday. Photo: ReutersPeople move about in Wuhan, Hubei province, as travel restrictions are lifted in the original epicentre of the global coronavirus outbreak, on Wednesday. Photo: Reuters
People move about in Wuhan, Hubei province, as travel restrictions are lifted in the original epicentre of the global coronavirus outbreak, on Wednesday. Photo: Reuters

Cheaper loans, delayed payments: online lenders do their bit to help SMEs in Hubei rebuild after coronavirus outbreak

  • Alibaba-backed online lender MYbank said on Wednesday it would waive first-month interest for micro merchants applying for loans in Wuhan
  • Small entrepreneurs say waiving of interest, penalties and cheaper loans gives them hope for the future.
Topic |   Banking & Finance
People move about in Wuhan, Hubei province, as travel restrictions are lifted in the original epicentre of the global coronavirus outbreak, on Wednesday. Photo: ReutersPeople move about in Wuhan, Hubei province, as travel restrictions are lifted in the original epicentre of the global coronavirus outbreak, on Wednesday. Photo: Reuters
People move about in Wuhan, Hubei province, as travel restrictions are lifted in the original epicentre of the global coronavirus outbreak, on Wednesday. Photo: Reuters
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