Z. Pross is a member of Tusuubira group in Lugazi. She is a hard working lady who has had a salon that she mans in Lugazi town for 8 years so far. She makes lady’s hair, plaits it using braids as well as applying chemicals to make it soft and manageable. She has been able to buy driers that she uses in her salon, combs plus other accessories and this enables her to attend to four customers at a time. Pross needs a loan to help with buying more chemicals and braids for her salon plus paying school fees for her five children and one dependent. Pross has future plans of buying another plot of land and building rental homes for increasing her revenue.
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.