Sisters In Business Group

David sells market food. He sells pepper and palm-oil (the most popular cooking oil). With this new loan, he will expand on his business. He will be able to buy about four bags of pepper and three barters (five gallons make a barter) of palm-oil. He buys his goods from either the village called Kalamgba or Tambiama. A bag of pepper costs him Le 200,000 and a barter of palm-oil costd him Le 40,000 in either of these villages.

So far, David faces no serious challenge in his business that is worth noting. Business is going fine and smooth. He enjoys what he does for a living. To David and his colleagues in the group, an increase in profit means making their lives better. They will be able to take good care of their children, specifically with their educational and nutritional needs, and save some money for emergencies.




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