Re: Nimanka qaarkood gacan adaka
Posted: Fri Aug 07, 2009 8:35 pm
I don't think they loan large amounts like 5k to ppl in deep rural areas but your ideas are practical.NoilPoint wrote:
microfinance would not probably work in Somalia in practice.
Unless it involves poultry , livestock , farming , sewing machine and simple stuff like that.
But Somalia is not Bangladesh, 25 USD is nothing there... perhaps minimum loans of 500 , 1000 , 2500 USD , 5000 USD is much more needed.
And hits the target better.
example A family father who buys a car so he can be taxidriver or private chauffeur , transport business .
A rural family in Gabiley can import some 100 chickens to their farm for 500 USD loan.
sell the eggs & chickens etc
Anybody agree?
We who are students could for example put together a fund and raise 20 000 USD