Atanaziraba Women Group
Update on Atanaziraba Women GroupSafina is a single woman, aged 50, with three children who are all attending school. She is also looking after two orphans. She lives in a rural area and carries out farming and animal rearing. She has been in farming for fifteen years and works five days a week and eight hours per day.
She started the business to develop and get tuition for her children, and acquired the loan to boost her agricultural business. He badly needs the loan to pay tuition for her children in secondary school. She will repay the loan using income from farming.
Her clients are residents and traders from different cities. She hopes to enlarge her business, though her challenge is too much drought, which affects both the crops and animals.
She describes herself as a hardworking woman who encourages fellow women to be innovative.
Previous Loan DetailsThe Atanaziraba Women’s Group is located in the village of Kyango-Kalisizo, Rakai district. The group is dominated by women with just one man as a member. They deal in different business activities like farming, retail, craft and alcohol selling. Some of the members include Mariam, Juliet, Jesca,... More from Atanaziraba Women Group's previous loan »
Concurrent and Successive Loans
Our Field Partners often work with borrowers over a series of loans as the borrowers build credit, take out bigger loans, and expand their businesses. In order to make it easier for our Field Partners to post loans for borrowers who have been listed on Kiva before, we allow them to post successive and concurrent loans for their Kiva borrowers. This means that our Field Partners are able to post a borrower's second, third, etc., loan on Kiva without having to re-enter all of the borrower's information.
This borrower has been listed on Kiva before, so you'll see an updated loan description, as well as excerpts of the original descriptions from earlier loans. Most borrowers take out loans consecutively, meaning that they receive a second loan after having repaid the first. However, sometimes our Field Partners give out concurrent loans, allowing borrowers to take out one primary loan and a secondary "add-on" loan along with it. These "add-on" loans are typically smaller than the borrower's primary loan and serve a different purpose. Because Field Partners can now post loans as successive and concurrent loans, you will be able to track borrower progress over time and see the various ways a borrower is working with our Field Partners through funds from Kiva’s lenders.
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.
Loan tags help lenders find loans that match certain areas of interest. You can add up to 5 tags for this loan.
236View loans »
- Repayment Term
- 10 months (Additional Information)
- Repayment Schedule
- May 20, 2014
- Jun 16, 2014
- Currency Exchange Loss:
- Aug 17, 2015
Photo from previous loan
Kiva allows our Field Partners to re-use the same photo for individual borrowers that have been posted on Kiva's website once before in a 24 month period, and we allow them to re-use group photos for up to 24 months, provided that 80% of the current group's membership is represented.
Taking, collecting, and uploading photos of borrowers is one of the most challenging elements of using Kiva for our Field Partners. In order to make Kiva easier for Field Partners to use, we have allowed them to post successive and concurrent loans without taking a new photo of the borrower if the criteria above are met.