Thanks to the “village banking”methodology, no guarantee is required.
Table banking—called village banking in some places—is gaining popularity across Africa.
She got together with some neighbors, and they formed the Fanm Askyon (“Women of Action”) FINCA Village Banking group.
Since low-income entrepreneurs don’t have the kind of collateral most commercial banks require, Village Banking group members guarantee each others’ loans.
Since low-income entrepreneurs don’t have the kind of collateral most commercial banks require, Village Banking™ group members guarantee each others’ loans.
Furthermore, the groups, the union and the RCD executive intend to systematize this practice by building a village savings and loan bank.
The third thing that we have done as an incentive for our farmers is to open a village bank where our farmers can deposit, save and withdraw their cash.
Just like Kananji, Chrissy Mbatata received a loan from a micro finance lending institution popularly known as village bank to bank roll her fish selling business.
Requêtes fréquentes français :1-200, -1k, -2k, -3k, -4k, -5k, -7k, -10k, -20k, -40k, -100k, -200k, -500k, -1000k,
Requêtes fréquentes anglais :1-200, -1k, -2k, -3k, -4k, -5k, -7k, -10k, -20k, -40k, -100k, -200k, -500k, -1000k,
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