Twezimbe Women's Group Buikwe-Lugazi
Being an agriculturist has been invaluable in many ways, principally the fact that she hardly runs out of food to sell. The kinds of foods she sells are popular all over Uganda. Foods such as bananas, cassava, maize, cabbages, pumpkins and sweet potatoes are mostly what she sells.
With this loan, she is looking at rejuvenating her business with the bulk purchase of staple foods like bananas, cassava and beans to resell. Azzida is anticipating that she will be able to make more than enough profits after she resells most of what she will buy. She also hopes to keep more in reserve. Azzida is part of the Twezimbe Women's Group - Buikwe, Lugazi.
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