Anne is married with 8 children and cares for two orphans. Her husband is engaged in the informal sector as a local mechanic. Her husband is not able to support the family with his income alone and Anne has been supplementing the family income with her business. Her children, together with the two orphans, are going to school and this places an extra burden on Anne to help pay for school fees for all of the children. Anne hopes to lighten this burden through increased profits that she hopes to get from her business by buying more clothing materials with the loan.
This is the first loan that Anne is taking together with the whole group. The group is cohesive and the leaders have displayed a high sense of responsibility during training period. Anne has done her duties with a high degree of diligence particularly in ensuring that the group documents are well kept and all the members attend the group meetings. Anne hopes to use this group platform to acquire more loans in future and she hopes to continue investing much of her time in her group secretarial duties to have the group maintain the current cohesion they have so far displayed.
Note: Abednego Ouma is also pictured in the group photo and is a member of the group but is not taking a loan in this cycle.
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.
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Success!! The loan was 100% repaid