Mr. Speaker, there are two main points to be made. First, money loaned in the past is being collected very successfully. There is a loss of about 9.4% versus 3% for commercial lending and 20% for venture capital firms.
But WD does not loan money directly to businesses any more. It brings clients to the banks and they decide whether or not money should be loaned.
I should add that WD now focuses on providing information, business plan counselling and mentoring, particularly in the rural areas, through our 1-800 service. We are there to help the people locally.