N. Hadijah is the leader of her lending group in Lugazi. She is 58 years old and a widow with 5 children all in primary and secondary school as well as taking care of other orphans. She is a business lady involved in the sale of agricultural produce from Buikwe trading centre for 7 years. Her major business challenge is having a lot of competition among people in the same business hence reducing the prices. She started with the sale of clothes and changed for the better and is not regretting. She hopes to become a wholesale supplier of agricultural produce so that she can be able to earn much. She needs a loan to help buy more agricultural produce for resale since this widens her profits and enables the payment of school fees. She is such a hard working lady.
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.