Bwagonga Tukore Group
Adrine is a single mother of three and a member of Bwagonga Tukore Group. She has requested a loan of 300,000 ugx to buy manure in the form of cow dung for her banana plantation. Adrine will use the money to buy cow dung, transport it and pay for labor, since she cannot work alone. In six months, Adrine expects a high yield from her banana plantation. She will use the profits to send her first daughter to the university.
Adrine also hopes to buy another piece of land and expand her banana plantation from the proceeds of her next loan. Thereafter she can construct a permanent house for her family.
Adrine is a very creative, focused and hardworking lady.
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