Bwambara Women's Progressive Group
His 5-year-old food sales stall at one of Rukungiri's biggest food markets is a beehive of activity. Rukungiri is one of the preeminent districts in Western Uganda where farming is rife. Gard has a farm where he grows and harvests crops that he sells. Because most people carry out their farming on a large scale in Western Uganda, they in most cases end up joining the lucrative food sales trade. Gard has been one of them.
Rukungiri is regarded as one of the leading food basket districts in Uganda. Most of the crops which people like Gard sell, principally bananas, cassava, yams, and maize are transported all the way to the country's capital, Kampala, for sale. This business has been paying dividends for many farmers from Western Uganda. Gard mostly sells bananas, cassava, and maize. He says this business despite the dividends is costly in terms of transport. Transporting foods to different food markets is expensive and it’s even more costly when one wants to transport their foods to the more lucrative food markets in Kampala.
Gard also ekes out additional income from his goat and coffee sales businesses. Weekly he says the businesses gross profits amount to Ugandan shillings 140,000. He intends to use this Kiva loan to purchase higher grade manure for his farms and also use the rest to pay fees for his children.
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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