Practical guides on managing money in Nepal, written by the people building Aafno Hisab.
Banks work backwards from one number: how much of your income can go to instalments. Here is the calculation they use, worked on a Rs. 50,000 salary, and what makes the answer bigger or smaller.
A bank EMI feels heavy every month. A sahakari loan feels light. Run the same Rs. 3,00,000 through both and the cheap one turns out to cost more than twice as much in interest.