She needs a loan to purchase more stock items such as a box of tomatoes, green peppers, carrots, onions and more pieces of clay products like charcoal stove. Most of these stock items are perishable. They cannot stay on the stall for so long. She buys those items in relatively small quantities directly proportional to the anticipated demand in Kajjansi market so that can be bought in two or three days before they go bad since traders in the market have no cooling rooms for such perishables. So, there is a risk potential where vegetables can go bad, business looses customer goodwill, sales go down and eventually face delinquent challenges in paying back the loan. The additional stock items purchased using a group loan will help the business to be fully stocked with all items, attract customers and increase daily sales. As the business progresses, she will be able to increase on her income and business growth.
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She operates a stall in Kajjansi market where she sells good vegetables and nice clay products.
Due diligence status
Kajjansi II is a group of traders who came together to secure small loans to inject in their small businesses under one umbrella group. Members in the group own vegetable and fish stalls in Kajjansi market.
It is a subgroup consisting of 5 members operating in Kajjansi market and these members took loans in the first cycle. In the second cycle, only 3 group members who have taken a second (repeat) loan.