Tusitukire Wamu Group, Lugazi
Jamila is a farmer in Buikwe. She says that her business is doing well due to her good customer care and the loans that enable her to sell good quality produce. Although her business is doing well, she is faced with a scarcity of water for her plantations. Jamila has a dream of becoming a wholesaler of produce as well as educating all of her children to the highest levels of education. She is requesting a loan to help pay for her children’s education as well as buy more produce for resale.
This is a Group Loan
In a group loan, each member of the group receives an individual loan but is part of a larger group of individuals. The group is there to provide support to the members and to provide a system of peer pressure, but groups may or may not be formally bound by a group guarantee. In cases where there is a group guarantee, members of the group are responsible for paying back the loans of their fellow group members in the case of delinquency or default.
Kiva's Field Partners typically feature one borrower from a group. The loan description, sector, and other attributes for a group loan profile are determined by the featured borrower's loan. The other members of the group are not required to use their loans for the same purpose.
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Success!! The loan was 100% repaid