Nyanama Twegatte Group
Immaculate N. is the leader of Nyanama Twegatte group. This is the second time she is seeking a loan from Kiva to boost her business selling matooke. She is very grateful for the help rendered to her group.
With time, Immaculate has been able to expand her business to sell a variety of produce to her stall. She plans to use this loan to buy more bunches of matooke, sweet potatoes, cassava, and Irish potatoes for her business in order to earn more profits.
As a widow, she is the bread-winner of the family. But with the profits from her business and part of her savings, she's been able to cater for her children and caretakers.
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