Kigandotubingye Obworo-Kyenjojo Group
He has been selling crops such as maize, beans, and millet for the last 6 years in Kigando. He started this business with his own initiative. In addition to selling produce, Zefurino works as a crop farmer and also in animal rearing. All of his businesses are self-started initiatives. With this loan, he will buy more maize and potatoes for resale.
He is a hardworking and knowledgeable man. He hopes his business will expand continuously and that he will have a stable family.
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