Kamugenyi Tweyambe Group
To diversify his earning, he started buying and selling maize to earn income to improve the livelihood of his family. He is hardworking, but the business is seasonal, depending on weather patterns. His vision is to have a commercial store in urban centers where prices are attractive.
Lawrence needs the loan to buy beans and maize to sell.
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.
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