Butungisa Bakyara Twimukye- Group
This 37-year-old lady earns about 15,000 Uganda shillings as profits per week from her agriculture activity and pays school fees for 4 of her 5 children who are in school.
Her children are between the ages of 1 and 15. She says they are very helpful for her activity, especially during the holidays. She has been in this business for 6 years.
She is an agriculturalist who profoundly values education and it's from this basis that she has a dream of educating all her children up to the very high institutions of learning.
Mary intends to use her Kiva loan for paying fees for her 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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Success!! The loan was 100% repaid