Hamwani Tweyimukye Group
David is requesting a loan, which he will use to buy general merchandise such as sugar, rice, and maize flour to sell. He is a member of the Hamwani Tweyimukye Group where each one guarantees the other in accessing a loan. In the future, he hopes to expand his business to new areas and educate his children up to the university level.
More information about this loan
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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