Nsasa Development Group-Mukono
Nsasa-Mukono. Gorette, whose affiliation is with Nsasa development group, says it was inspiration from her husband that motivated her to set forth. She and her husband are happily married and have two children who both go to school. Prior to starting these businesses she was running a grocery business. She cites hard work and prayers as reasons for her success. These businesses generate 150,000 UGX weekly. With this loan she says she is going to buy a Friesian cow that she anticipates will give her more milk to sell.
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