What if it is your staff in the office who borrows money from you? I lent P5k each to 3 staff and P20K to a staff/inaanak na ang asawa nag abroad. Un isa sa P5K nag-resigned na at un isa I heard is considering another offer. Un inaanak nandun pa rin pero puro 'promise'. All are first-timer borrowers. Aba, ginawa ata akong PCSO! How do you define 'insignificant amount' and how far should I be helping the staff. I treated it na lang as kaltas sa bonus since their performance also affects my bonus.
pag sa office.. treat is as cash advance.. let them sign a document and the start of payment, say 3 months (6 gives) payment..
I don't. I don't lend money to friends. Most of the time, the amount they need probably require a bank loan anyway.