Here we see Charity T., a member of the Kanungu Development Club. She is a hardworking lady who has seven children, five of whom are still in school. She makes a living selling drinks such as water and soda as well as porridge in the market in Karuhinda. Her customers are mostly people who live nearby. Previously, she made a living managing a hotel until she decided to specialize in her current business. Her dreams are to expand her business and build a happy, well-educated family. She has applied for a loan to buy the supplies, such as sorghum and millet, that she needs to make porridge.
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.