Wednesday, August 1, 2012

For what purposes do people want to borrow money?

Our team has made loans in about 30 different categories. Carpentry and construction supplies are number one with 13 loans each. Close behind are livestock and food sales with 11 loans each. Clothing sales and farming are also quite popular.

Do you see the pattern? Food, shelter, and clothing are the borrowers' most important needs. Their needs are just like ours, but certainly more critical. By applying for these loans, the borrowers are trying to do something to improve their economic situation and become self-sufficient. Our team wants to assist them.

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