Kyabagyerwa Church Group
She looked for all possible ways to survive because she was staying in a semi-finished house and had no stable income. She then contacted the leader of her church who talked to his followers and they assisted her by sending her to a tailoring course. After the course she bought one tailoring machine and started a small business repairing clothes.
She developed that and now she has 4 tailoring machines which are helping her to boost her income. From her business income she has managed to send her children to school and even sustain the family with all their basic needs. She has finished working on her house and now she has hopes of developing her business into a tailoring training school. She will use the loan to buy another sewing machine to create employment for one extra person. She thanks UGAFODE for partnering with the group. She is confident her dreams will soon come true.
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