B. Dinah is the leader of her lending group in Ibanda. She is 32 years old and married with 4 children who are all in school. Dinah is a determined and hard working lady with a retail shop that she started 7 years ago from scratch. The shop is located in Nyarukika trading centre and her dream is to see it grow much bigger. Dinah needs a loan to help with restocking her retail shop with more bean seeds, maize flour, sugar, salt and so on so that she could be able to make more profits out of it. She is so grateful for her loans and she has no hope of ever stopping since she has strong belief that she will succeed with the help from loans.
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.