Margaret A. O. is fifty four year old divorced mother of three children. She is very industrious, motivated by supporting her children’s education and wanting to provide them with better future opportunities in life. One of her children is in university.
Margaret is a food vendor selling cooked rice with stew. She also sells groundnut, beans, and yams in the community market. She wants to use the loan to buy more bags of rice, beans, and yams to increase her stock of goods. She belongs to the community group called Nso Nyame ye Trust Group. In this group, members guarantee each another as social collateral and act as peer pressure to repay the loan.
7View loans »