Reply to Lending Money, What Would You Do

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[quote=Anonymous]A friend asked for money.  I have it but I don't want to give it.  Should I?  AITA for not sending it when she's in need?

My friend lives in South America.  I lived in her country for a couple of years after college, studying and teaching English.  That's how we met.  We've stayed in touch for the last 15 years, visiting each other a few times over the years. We text weekly and facetime sometimes.   Her country has been having economic problems , particularly high inflation, for a number of years.  About 4 years ago, I lent her and her husband $5,000.  She had lost her retail business and they had business loans in dollars, but their currency had been devalued. They needed money. They have not paid me back, which is fine. They are not in a position to be able to and I don't expect them to ever pay me back.  Now, she's asked me for a $3,000 loan.  I'm doing well and have a lot more than $3k in my personal short term savings, but I just don't want to send it.  I have young children, we are saving for home renovations and anticipated medical expenses, and I like having a cushion. I know I should be generous.  I come from low income background and while it's not at all like what my friend is going through, I can empathize with needing money for basics.  My philosophy is to only lend money I don't mind losing and I would be upset losing this money.  My friend is very worried and I'm not sure what they are going to do.  What would you do?[/quote]

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