Talandila Ngozo Group
A loan of $4,625 helps a member to finish construction on his house.
Talandila Ngozo Group's story
Americo is a 61-year-old man. He is married with 6 children and 5 grandchildren. Americo is a very hardworking man. He is a small-holder farmer, and he also owns a small business in his village.
Americo is the leader in his group, and together with his friends, they are applying for a loan from FIFAD to have access to finances to build a house. He will use the remaining money to inject it into the already-existing business that he owns.
Americo knew that it was necessary to get a loan from FIFAD to finish constructing his house and also to invest the remaining money into his already-existing business. His business is very small, so he doesn’t make much profit. This makes it difficult to finish his house by just depending on his business and farming.
In this group: Amerco, Betrado, Lawrence, Filipo, Mofati, Owen, George