Tusa Kimu Women's Group, Lugazi
Nulu has been a poultry farmer in Buloba for twenty-four years, making sufficient profits to help support her family and pay school fees for her children. Her trustworthiness has won her many customers who buy both broilers and eggs from her home.
Nulu would like to expand her farm to enable her to continue paying school fees for her children and is therefore requesting a loan to buy more feed and chicks for her business expansion. A very hardworking and friendly lady is what best describes Nulu.
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