N. Aisha is a friendly, hard working and devoted lady, and the leader of her lending group in Ganyana. She is a farmer, selling farm produce to her customers in the Busabala Central market, as well as a fish monger, selling both fresh and dry fish to her customers at the landing site. She is 38 years old and has been involved in both her businesses for quite a long time. She is grateful that the loans, in addition to her hard work, have helped her boost her businesses. Aisha has been able to educate her children, plus securing household items and land for them, so that they will not lack so much in the future. At the moment, Aisha needs a loan to recapitalize her businesses for increased profits.
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.