A Loan Pinjaman is a financial arrangement in which a lender provides a sum of money to a borrower, who agrees to repay the amount along with interest and any applicable fees over a specified period of time. Loans serve as a crucial tool for individuals, businesses, and organizations to access capital for various purposes, such as purchasing a home, starting or expanding a business, covering education expenses, or handling unexpected financial emergencies.This is the cost of borrowing money, expressed as a percentage of the principal amount. It represents the compensation that the lender receives for providing the loan.This refers to the period within which the borrower is expected to repay the loan. It can range from a few months to several years, depending on the type of loan and the agreement between the lender and borrower.