She buys the palm nuts from the local farmers in her community and processes them in her house to produce the oil, then sells it at wholesale prices to her customers. Palm oil is a local vegetable oil produced palm fruit which has been cooked, pounded, sieved and boiled for hours. The reddish substance (the oil) is skimmed off and reboiled to expel its water content. Faustina desires to use the loan to expand her business by buying the palm fruit in bulk to be able to supply to more customers.
She believes the loan assistance would enable her to scale up production to serve larger market and eventually, help improve her family finances. She is a member of a Trust Bank group called Joshua Trust Group. Members in this group guarantee for one another as social collateral to access the loan and support each other in handling repayment of the loan.
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