David hopes the loan proceeds help him increase his sales volume and profits so that he can buy his own store or rent a store. Currently, he travels with all of his products to his stand everyday. With a permanent space, he could store his products overnight.
David is a member of the lending group Respect. The lending group works as a type of social collateral where each member of the group applies pressure on other members to ensure repayment.
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Success!! The loan was 100% repaid