Rushooka Women's Group, Ntungamo
Due to her good management and esteemed customer care, the business has maintained customers for a long time. The business has a strong clientele as they maintain good levels of hygiene. Most of her customers are town dwellers. With this loan, Claudia wants to put good furniture in place and also shop for restaurant supplies like foodstuff and drinks as she looks to improving the quality of services offered. This will enable her to get more customers, earn more profit and be able to provide her family and children’s requirements like education. She is very optimistic she will achieve a self-sustaining lifestyle with more income coming her way.
K. Claudia belongs to Rushooka Women's Group, Ntungamo.
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