Martha is 42 years old, married and has one daughter. She makes a living selling cereals, and leads a trust bank group called "Nyame beko agye yen," which means "God will fight to vindicate us." She is in the center of the group photograph. Most of the members of this group are traders, food vendors and/or farmers, and work hard to support their families. They buy their raw materials, wares or goods from nearby communities and sell them at the local market square. Some of them trek to other towns to sell on their market days as well. The members of this group have been in business for a long time, and have amassed a great deal of experience. They are seeking a loan to help them buy more goods to sell and expand their businesses. It is the overriding desire of members of this group to give their children the best education they can afford.
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.