A. Musa, on the right, is the leader of Tukolerewamu group in Mubende. He is 32 years old and married with three children in school. He has a business selling produce from Bangi and grateful that his customers are so loyal and dedicated. He is able to make 100,000/= as weekly profit and these help him in reinvesting in his business as well as caring for his family. Musa is also a farmer who sells some of his plantains. He is very experienced since this has always been a family business — one that he took over from his parents. He needs a loan to be able buy more produce 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.