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SomaliNet Forum (Archive): Somali Communities - Beelaha Qurbaha: Somalia: Somali moneylenders- waa maxay ereyga soomaali ah ee loo yaqaan - moneylenders?
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samawada

Unrecorded Date
Peace to all of you

Hope life is treating well.

I have questions and need some clarifications- waa maxay ereyga soomaali ah ee loo yaqaan moneylenders?. Marka Labaad, walaal waxaan doonayaa habka ay groupkaas ay wax u daymiyaan. Sida ay u go'aansadaan dadka u qalma inay amaah u heleen?

Please I need more informations based on the behaviour of the Somali moneylenders - are they all men? and do they charge interest rate? and how are the loans paid - installment? How can people who lack money/capital or goods who are interested in getting involved in business have access to moneylenders? Do moneylenders only lend money to their kins and families? if not who are the others that they give loan?

All your feedbacks and answers are highly appreciated. Thank you in advance.


Thanks again

Samawada