S. Phina is the leader of Ddembe group in Lugazi. She is a hard working and friendly poultry farmer in Buikwe town where she keeps 600 chicks (400 layers and 200 broilers) for both eggs and meat. She has had her business since 1995 and is now able to make a weekly profit of 150,000 shillings. She dreams of increasing the number of chicks to 300 broilers and 800 layers with a hope to increase her income and profits. She also hopes to have a better family house and to see all her children attain the best education. She is a widow with 4 children, aged 16 to 27, and cares for 7 dependants. This is Phina's thirtieth loan and it will help her purchase more chicks to increase her stock and the supplies to feed them.
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.