Tukoleinho Womens Group
From her own account, the 16 years have been mixed in terms of achievements and drawbacks. Her poise, tenaciousness, and determination have been the trump cards she has invariably played in the face of adversity.
Monique also sews all genres of clothes, but recently she has been sewing mostly school uniforms. She has been inundated by demand from schools. Her farming and poultry businesses have also been enjoying some success. With earnings from these businesses, she has consolidated her gains.
Monic is anticipating better prospects in the aftermath of utilizing this Kiva loan. In the future, she hopes to buy a pick up car to transport the uniforms she sews to the many schools in and around Jinja. She says she will use her loan to purchase more textile material to sew more clothes to resell. She is also looking at buying more poultry 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