Fata Ngouss Group

We are the members of "Fata Ngouss Group" from the ecovillage of Palmarin and come to Kiva to apply for a loan to breed sheep. We want to use the loan to buy sheep at a low price, since we are now in the low season, and fatten them. We intend to sell them mainly for the festivities of Eid al-Kabir, but also when pilgrims return from Mecca.

Translated from French by Robert Mouris, Kiva Volunteer

Nous groupement "Fata Ngouss" membres de l'écovillage de Palmarin(http://www.sem-fund.org/palmarin.php), venons solliciter auprès de kiva un prêt pour faire des activités d'embouche ovine . Avec le prêt,comme c'est la basse saison, nous souhaitons acheter des moutons à bas prix, les engraisser et les revendre surtout à l'occasion des fêtes de l'Aîd El Kabir, mais aussi à l'arrivée des pélerins venant de la Mecque.


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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