N. Aidah, age 50, belongs to Kanyerere II Kyamwasha Bakyara Basheija Group - Ntungamo. She has been at the helm of her tailoring business for 18 years, before which she worked as a farmer. Aida is a widow with four children. Being a widow has not in any way dampened her determination as she has continuously worked hard to provide for her family without the support of her husband. She tells us that in order to get established in this business, she had to get apprentice training from a tailoring school first. Prior to that, her mind was fully focused on farming. Her tailoring business generates 30,000 shillings weekly. With this loan she says she is going to buy more pieces of fabric with which to to sew more clothes to offer for sale.
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.