N. Christine is the leader of Babyelesa group in Mukono. She is 34 years old and married with six children. Four are in school with the oldest working and the last-born is two years old. Christine has a business selling fresh foods like matooke, Irish potatoes, cassava, and sweet potatoes as well as selling greens and dried fish in Kisowera trading centre where she has had a stall for 10 years. She has a dream of opening up another stall in Mukono town where the market is a bit bigger. Christine needs a loan to be able to buy more fresh foods for sale since this brings in more income and more profits. She is a determined and hard working lady with a drive to succeed.
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.