N. Jesca is the leader of her lending group in Namuwongo Bukasa. She is a single mother of four children aged 11, 9, 7 and 5 years. She divorced her husband a few years ago. All her children are in school. She is a clinical officer and has been working in a clinic in Namuwongo for four years. She is able to make 40,000/= profit a week. She is successful because she is effective in her service. In the future, she would like to start up another clinic and educate all her children to the University level. Jesca needs a loan to help her with buying more medicine to increase her stock. This will help her from having shortages. Jesca is such a hard working and determined 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.