Bururuma Progressive Group
She has a business selling alcohol, that is, tonto and waragi from Nyamirambi, to the local people in her area. Deborah has been in this business for 6 years, in addition to farming, which is her mother business. She does not regret adding this business, because she is able to make over 240,000/= (Kenyan shillings) in profit each month.
She makes the brew herself and sometimes sells the excess because there is a ready market. She needs a loan to buy bananas, which are a primary ingredient in the brew. She is very determined and focused and wants to expand her business further so she can have a happy 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