Engari Nyekundire Group, Ibanda
Ziporah is grateful for her loans for they have helped her expand her business as well as enabled her pay her children’s school fees. She is a good lady who knows how to handle her clients, and this has won her many genuine friends. She is able to make 350,000/= in profit a month.
Ziporah is a 52-year-old lady and is married with six children, all in primary school. She also takes care of three dependents. Her major goal is to improve her business by providing quality services and to ensure that her family is happy and healthy.
Ziporah needs a loan to help expand her business by buying more supplies for medical care.
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