Abstract
This article examines the effective utilization of bank loans as a means of
ensuring household financial stability. Access to affordable credit plays a crucial role in
empowering individuals and families to manage their finances, address immediate needs,
and invest in long-term goals. However, the successful utilization of bank loans requires
careful planning, responsible borrowing, and strategic decision-making.
The paper begins by discussing the importance of household financial stability in promoting
overall economic well-being and social cohesion. It highlights the role of bank loans in
providing households with access to funds for various purposes, including education, healthcare,
housing, and entrepreneurship.
