Jackie M. is the leader of her lending group in Mukono. She is a hardworking and determined lady managing two businesses at once. She sells both new and old clothes at various daily markets in and around Mukono. Selling at multiple locations helps increase profitability. Jackie also is in the bricklaying business. Mostly she employs laborers to handle this business under her direct supervision. Running two businesses has helped her pay for the education of her children plus their other needs like clothing, food, and medical care. Jackie needs a loan to buy more clothes for resale as well as to employ men to mingle soil for bricklaying.
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.