Norah, 40 years old, lives in Ntinda, a suburb of Kampala. She is a hairdresser, earning a daily income to sustain her family of 5 members. Norah's business started in 2000 and she has been able to pay school fees and to provide the necessary needs for both her children and other dependents. She has also built rental houses to earn additional income.
Norah has requested a loan of 400,000 UGX to complete the tenants' toilet. Her dream is to finish her rentals and to see her family prosper. Norah's main challenges are competition from the neighbors and delay of payments from her customers. She is a hardworking and honest lady and would like to thank the funders for their generosity to the poor.
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.