Welcome to the “Finance for Everyone Toolkit: Borrowing” video lesson intended to acquaint learners with the concept of borrowing. During this lesson, viewers will go through a seven-step process for taking out a loan. In addition, learners will come to understand the repercussions of failing to pay back a loan as agreed. This video lesson is part of the “Finance for Everyone Toolkit,” which provides non-financial employees with foundational knowledge on finance topics.