K. Godfrey, at the top left, also appears in the group photo and he is the leader of his lending group in Lugazi. He is a hardworking and devoted married man with three children aged 11, 7 and 1 1/2 years old. They are all in the primary section. He takes care of other dependants. Godfrey has been selling spare parts from Lugazi for 10 years and although he is able to make 150,000/= profit weekly, he is affected by the transport costs to Kampala where he buys his stock. This why loans help him to buy in bulk. Therefore he does not have to move all the time. He hopes to continue working hard so that he can offer a good education to his children and he believes this will be possible if he has a steady supply of goods in his shop. Godfrey needs a loan to be able to buy more spare parts 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.