
As many of you know, we have committed to give out a loan every other week. This week, we have chosen to loan to a group in Uganda. We chose a group this time because it reinforces the virtue of responsibility. We feel secure in loaning money to them because each person in the group is responsible for everyone else’s success. It becomes their burden to ensure that everyone around them succeeds. In some small part, we feel we share this burden and the group I think is a microcosm of what we want to happen in the world at large. We are responsible for ourselves and for others around us.
Their loan is not yet fully funded. Please go to Kiva and show them that we want them to succeed. Also please join our team and make the loan count towards our team total. Thanks all!
Nulu Sseremba is a 50-year-old married mother of seven children, aged 32 – 15 years, and also takes care of two orphans. A very hardworking and friendly lady, she has been a poultry farmer in Buloba for 24 years, making sufficient profits to help support her family and pay school fees for her children. Nulu’s trustworthiness has won her many customers who buy both broilers and eggs. She would like to expand her farm to enable her to continue paying the school fees for her children and is therefore requesting a loan to buy more feed and chicks for her business.
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.
Source: Kiva.org
Give Back–Join Our Kiva Lending Team!
Total Team Loan Amount Since 11/06/09 — $175.00
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