Charles is a very talented welder who enjoys his trade. With time, he can build a strong clientele. With his loan he plans to buy more metal and oil for his welding machine. His loan is relatively small, but he is new to his lending group. He will need to show that he is capable of repayment before he can acquire a larger loan. In lending groups, the group is responsible for the repayment of any member who defaults; consequently, they have the final say as to who will be a member and how large a loan each member should receive.
185View loans »