T. Doreen, at the top left, is the same lady that is standing at the far right. She is the leader of her lending group in Kihihi. She is 30 years old and divorced with two children aged 10 and 9 years. They are both in primary school. She also takes care of her sister. Doreen is a hard working lady who has been selling old/used clothes from Kiruruma trading centre for five years. Her profits amount to 50,000/= a week. She ensures that her goods are of good quality and she uses her good customer care skills. She hopes to expand her business with more quality stock so that she can pay for her children’s education since she is a single mother. She needs a loan to be able to buy other clothes for resale.
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.