David Ba Group

Joseph is thirty-nine years old. He is married and has two children. He is a trader in hardware. Joseph is the leader of a trust bank group called ‘David Ba’ which literally means Son of David. He is the only male in the group photograph. The members of this group are mostly traders, food vendors, and farmers. They work to support their spouses to provide for their families.

They buy their raw materials, wares or goods from other towns and sometimes from nearby communities and sell at the local market square. Some of them trek to other towns to sell on market days as well. The members have been in business for some time and have amassed a great deal of experience in their businesses. It is in light of this that they are requesting for a loan to procure more goods to expand their businesses.

The members of the group guarantee for one another as social collateral to access the loan. It is their desire to give their children a good education.




About Group Loans
In a group loan, each member of the group receives an individual loan but is part of a group of individuals bound by a group guarantee. Under this arrangement, each member of the group supports one another and is responsible for paying back the loans of their fellow group members if someone is delinquent or defaults. Learn more

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