Kweyamba Women's Namawojolo Group
Travelers along the route that leads one from Kampala, Uganda's capital city, to the east side of the country are normally the ones who buy a treat of her drinks. This route has many traveler refreshment stopovers, notably in the area where Zam operates. On the side, Zam also does farming and cattle raising.
She says her gross monthly sales profit totals up to 250,000 Ugandan shillings (~$97), and she says with this Kiva loan she intends to purchase more soft drinks, like sodas and passion fruit juice, to resell.
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