Alinhinkira Womens Association-Jinja Group
She says her strongest personal attributes are being unwavering and in having self drive. She is a joyful married lady with four school going children. She has been driving a roaring trade in her business, going by the $80 her business generates for her in a month as profits.
With this loan she wants to buy more metal to improve her metal fabrication business. She says she will be able to fabricate more items such as metal chairs.
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