Rwamashengyero Tweyambe Group
He has struke quite a chord with his clients with his good human relationship skills. This, to a big extent, explains why his hotel appeals to quite a big clientele. On the side too, Amos has a cattle sales business which he says is like his second string to a bow. Weekly Amos' businesses make profits totaling up to 100,000 shillings.
Amos says he will use this Kiva loan to purchase more food like bananas, cassava, maize flour, rice, beans, cabbage, meat, cow peas, etc. for use at the hotel.
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