Konoweka Zibba Womens Group
This business which was begun with savings from her farming business grew by leaps and bounds. This growth was not only as a result of the afore-mentioned factors but also her diligence and persistence in the face of adversity. At her retail outlet, she sells a variety of general goods such as beans, soap, maize flour, cooking oil, etc. Weekly her profits total shillings 80,000.
Hadijah says she is requesting this loan to purchase more retail goods like soap, sugar, cooking oil, jerrycans, rice, etc. to resell.
In the group photo, Hadijah is the first lady standing on the left in the back row. By mistake, Harriet, the lady standing next to her, also raised her hand.
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