Group Loans
Kopafasta Microfinance Limited facilitates group lending programs where individuals form borrowing groups or solidarity groups to access credit collectively. Group loans are based on the principles of social collateral, where group members provide mutual support and guarantee each other's repayment obligations.
This lending model fosters peer monitoring, risk-sharing, and social cohesion within the community, enabling access to credit for individuals who may not qualify for individual loans based on traditional credit assessments. See our loan products here.
