Hima Agahikaine Group
In a month, this focused married mother of four children earns 350,000 shillings. With this money Flavia has managed to cater for all her children’s education needs. She has come to grips with some inevitable business challenges, to wit: high rental charges. She has, however, not lost heart.
The high self-esteem Flavia carries around means she is full of optimism that the future of her business is bright. On that basis she has come to terms with the fact that she needs a loan to be able to revamp her retail business with more merchandise.
Flavia belongs to a group of nine members who hold each other accountable and insure each other in paying back the loan.
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.
193View loans »
Success!! The loan was 100% repaid