Rwakashoma Tea Growers, Bushenyi Group
She is also a farmer and has banana plantations. This is one reason she needs a loan: to be able to mulch her plantations for increased output. She also wants to buy more matooke (steamed green plantain) for resale since at the moment, she cannot get enough to sell to her customers.
Juliet appears in a Red T-shirt in the group photo; she is a very hard-working and determined lady. She is happy that she has enough food for her family and she is seeing her children through school.
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