Kyenjojo Twekembe Womens Group
Godfrey is happily married with four good-natured children. Three of his kids are in school and doing well.
Week in and week out, Godfrey says his sales returns total 30,000 Ugandan shillings. His hope is that once he puts his loan proceeds into good and efficient use, his business's prospects will see a new lease on life. Godfrey wants all the best for his family and business and he says he will go to every length, not only to improve on their current circumstances, but also to ensure that they both will enjoy a good and prosperous future. On the side, Godfrey also runs a commercial transportation business.
Godfrey says he will use this loan to purchase high grade manure to improve his tea farms.
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