Swazi Twetungure Group
Update on Swazi Twetungure GroupAlice is a 49-year-old married woman with two children. She is a proud member of the Swazi group, which has 10 members, most of whom are farmers. Only six of the members are acquiring a loan this cycle and the seventh person in the photo on the extreme left is the group secretary who was present to sign for the group as a committee member but is resting from taking a loan. He also signed the client waiver form.
Alice has been a tea farmer since 2001. She works seven days a week and dedicates nine hours per day to farming. Her tea farm is located in Swazi, a cell in Kyamuhunga sub county in Bushenyi District. Tea farming is the main activity in the area and she decided to concentrate on that as the main source of income at that time. In addition to tea farming, Alice started a retail shop to supplement her income so that she can easily look after her children. The shop is located in the same area and she says it has indeed boosted her income. She hopes to use the loan to buy fertilizer to improve the quality of the soil. Alice has high hopes that the next season's harvest will be better and she will earn more money. Indeed, the previous season she did great after she added fertilizers and she is looking toward to a much bigger harvest after applying more fertilizers using this loan. Despite the challenge of weather, which affects her greatly, Alice is determined to increase the size of her farm so that she realizes bigger profits. She is very hardworking and self-motivated.
Previous Loan DetailsAlice is a 48-year-old married woman with two children. She is a proud member of the Swazi group which has ten members, most of whom are farmers. Alice has been a tea farmer since 2001. She works seven days a week and dedicates nine hours per day to farming. Her tea farm is located in Swazi, a… More from Swazi Twetungure Group's previous loan »
More information about this loan
This loan is part of UGAFODE's green loan program, giving Ugandan farmers the support they need to grow and process organic fruits and vegetables. Funds will be used to obtain critical resources like processing equipment, mulch and organic seedlings to reduce waste water contamination and improve consumer health. The green loan program also helps clients combat regional problems like deforestation and over-fishing.
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.
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