Tusooka Kwavula Women's Group 1-Lugazi
Jannet belongs to Tusooka Kwavula Women's Group. It has helped her to have a supportive family and the first person on hand for her has been her husband. This kind of business, which involves selling and prescribing drugs, is tailor made for somebody who has gained an apprentice nurse training and Jannet is a qualified nurse. She worked first in a health center. Jannet says that credit for her success so far boils down to her hard work and tenacity. In a month, she makes 430,000 UGX, and with this loan she hopes to buy more drugs that she will, at length, resell.
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