N. Scovia is the leader of Gambwa Akwata empola group2 in Mityana. She is a kind-hearted and hardworking lady with a restaurant as her business. Scovia has had the business for five years and she decided to join her lending group to improve her business. As a result, she has been able to buy more crates of sodas, saucepans, tables, chairs, forks, and spoons and this has enabled her to make more profit as compared to before the loans. Scovia is a married lady with seven children; five are still in school and the eldest two stopped in S.4 and started their own businesses due to lack of school fees. One child makes chapatti for sale by the roadside while the other is a motorcycle driver. Scovia’s husband is also a boda boda cyclist and together they ensure that their children are cared for. She also cares for her mother who stays nearby. With her share of the loan, Scovia hopes to invest in her business more by buying more foodstuffs.
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.