Rukarara Development Group-Kihihi
Amiria says she began this business with savings from her erstwhile milk sales business. Many of her friends describe her as courteous, amiable, tenacious, and determined in whatever she does. Weekly, she says this business generates her shillings 20,000 as profits, and she says with this loan, she is going to purchase more bags of other cash crops such as pineapples, sorghum, maize, dried beans, etc. to resell.
In the group photo, one male member's face is slightly obscured and he has been marked as not pictured.
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