Buwenge Kisa Kya Mukama Womens Development-Jinja Group
The Buwenge neighborhood where she operates is a melting pot of fish-buying traders. It goes without saying that this is a highly lucrative business from which she says she has benefited quite a lot. Aisha is happily married with eight kids. To set forth in this business she had to bank on profits from her agro-produce business. Prior to that she was more inclined toward a timber-selling business. At present, she has a side poultry business.
$66 is what she says she makes in a week. With this loan, Aisha says she is going to buy more fish for resale.
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