B. Ruth is a 42-year-old happily married mother of nine who runs a shoe sales business in Lubani-Jinja. This business has been in existence for the past three years. Hard work and determination are two factors she credits for her short term success. She carries conviction that if she maintains those attributes and her tenacity, she will last long in this business, which generates her 120,000 shillings as monthly sales revenue. Ruth also does farming. She says with this loan, she is going to purchase more pairs of shoes to resell. In the group photo, one male member's face was not clear so I marked him as not pictured. One woman's face was partly obscured so I marked her as not pictured, too.
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.