Florence has been running her decorating business since 1988. When she was in school, she realized that she really enjoyed working with flowers and other decorations. After graduating from high school, she worked in various jobs before meeting some women who were doing decorating. She joined with them to learn the trade and has now been working in her florist shop in the city of Kampala for over 20 years. Florence has four employees who help her decorate at the various functions for which she is hired. They help her arrange all the materials.
She works with many media. She says that depending on the function, she might use dry, artificial, or real flowers. Besides flowers, she has many beautiful stands and papers that she uses to make everything look beautiful.
Florence says that loans are what makes her business possible, because she finds that while each customer wants individual decorations, they do not pay ahead of time; therefore, loans allow her to do her work at the high level of quality she expects of herself.
Florence has five children of her own that are still in school and five grandchildren that she supports. Although her husband is also working, paying school fees for 10 children is a difficult task. Florence is requesting a loan of 200,000 Ush to purchase artificial flowers and some large flower vases for upcoming events. Florence also keeps some pigs in her compound would like to use part of her loan to renovate the area where they are kept.
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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