Ssazi Twekulakulanye Group
The fact that Ruth is able to restock more often is what drives her business transactions. She is able to deal with the demands from her clients, season in and season out. Ruth painstakingly goes about her business by carefully taking stock after every passing business day. The fact that she is a farmer has also come in handy. On her farms she grows crops such as bananas, green vegetables, yam, beans, and maize. She harvests and sells most of the aforementioned crops.
Ruth is a lady with grit, fortitude and ambition. Her pro-activeness, good organization of finances, assiduousness and steadfastness have been sources of mileage and strength. The dividends this business has brought forth in terms of the advancement and elevation in her livelihood are manifest.
She says this business's weekly gross sales revenue adds up to Uganda shillings 90,000. Ruth says this Kiva loan will help her to purchase better manure for her farm and also more green vegetables 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