Kyanzaire Hiv/aids Tweyambe, Bushenyi Group
Her main drawback is that she has a limited variety of products in her shop that cannot satisfy the customers' demand. Therefore she is looking forward to increasing the stock in her business when she gets a loan and can expand fully. This will help her earn more revenue and sustain her daily needs and further educate her children.
She belongs to Kyanzaire, a group of members who insure each other in paying back the loan.
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