Nambi Gombe Traders Group
She started business in 2008, and the reason why she started this retail shop was to sustain her family. Since her husband is fairly disabled, she has to help out.
She wants a loan to buy a cow and also hopes that in future she will open up a dairy shop.
The challenges she faces are competition and lack of enough capital. She is a hardworking lady, honest and of good character.
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