Rwashamaire Bakyara Twimukye Group A
Hope is a married mother of 5 kids. She has spent 26 years in the business and plans to expand it to earn more profits. Her dreams are to construct a good residential house and to pay the necessary fees for her children up to university. With a Kiva loan, she intends to buy more products such as beans, peas, and coffee for resale.
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