Felicia is a trader and has been in business as long as nine years. She trades in groundnuts (peanuts) and sells on a small table-top. Groundnuts are one of the popular food ingredients used in many homes for the preparation of soup and sauces. They have a very good flavor and people enjoy eating them roasted.
Felicia sells her groundnuts on one of the principal streets in her community where most of the townfolk are normally found. She says she buys the groundnuts from the distributors in her community and surrounding towns. She wants a loan to procure bags of groundnuts in bulk. Felicia belongs to a trust bank group called Heaven. 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.
13View loans »