Despite the fact that she earns little income, Pauline has managed to provide all the necessities for her family. She sells charcoal to earn a living; she has been in business since 2007, when her husband passed on. Ever since the death of her husband, Pauline has became a very hardworking lady, since no one else was going to provide for her family.
Pauline got a loan from Ugafode which benefited her in the conservation of the environment by completing her sewage tank. This cycle, she needs a loan to pay school fees for her children, who are now beginning the third term. The remaining balance will be used to stock more bags of charcoal to boost her business.
Pauline is very honest, hardworking, and social. She thanks Kiva through Ugafode for partnering with them to make their dreams come true.
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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