Developed countries should not give loans to developing countries for a few reasons.
1. The country in development needs to learn to do things on their own. It's important for them to understand how to help their community thrive, how to help it grow. This will take hard work from each and every citizen. If a developed country were to give a loan to them, it would teach citizens they could be lazy and taken care of.
2. Look at the United States, if we've loaned money from other countries, it's just putting us further and further into debt, and think of all the interest. If a country is unable to quickly pay off loan, it only hinders rather than help.