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Our Latest Kiva Loan | Warren Tugume’s Group
Posted By G Monkie On July 11, 2009 @ 6:00 am In Uncategorized | 6 Comments
G Living Micro Loaning Monkie Team: We are posting the loans by the G Living staff, contributors, partners and the members of the G Living Kiva Loaner Group Members, who are giving micro loans to people in need. We hope by including you, our readers in the experience, you will be encourage and inspire to join in. Tiny micro loans from each of us, will make the world a better place for all of us. Join Our Kiva Loan Group
Loan Request by Warren Tugume’s Group
Total Loan Needed: $4,150.00
Loan Provided By G Monkie: $25.00
Warren Tugume , is the leader of Mwino akuwa group in Jinja. He is a married man with four children (1 girl and 3 boys): all the boys are still in school and the girl is too young.
Warren has three businesses: he has rental houses in Jinja town; he has a hardware shop selling building materials; as well as having a kiosk selling cold drinks and snacks. He is so grateful that the loans help him to run and finance his three businesses every four months and with this, he is able to care for his family’s needs and upkeep.
Warren is also the Chairman LC1 for his village and this leadership responsibility helps to bring in much-needed organization and responsibility among its members. He needs a loan to help pay school fees for his children and also to recapitalize his businesses.
About Group Loans
In a group loan, each member of the group receives an individual loan but is part of a group of individuals bound by a group guarantee. Under this arrangement, each member of the group supports one another and is responsible for paying back the loans of their fellow group members if someone is delinquent or defaults.
Direct Link: Follow This Loan on Kiva.org
Join the G Living Monkie Loaner Group on Kiva.org. Go ahead be the bigger monkie and loan someone a few bucks in need.
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