While transnational loan schemes can help migrant families purchase homes or start businesses in their countries of origin, there are a number of challenges that must be addressed. For example, MFIC found that the 50-50 percent risk-sharing arrangement between MFIC and MFIs was difficult to implement. It also found that if a client were to default on his/her loan, MFIC could take no legal action in the United States. Different institutions underwriting the policy also produced varying assessments on the level of credit risk of loan clients. Many clients also lacked key information on the valuation of property or businesses
