Lillian is the woman with her hand raised who leads this loan group. She is 32 years old, married to a businessman, lives in an area known as Kyenjojo and is applying for this loan to buy airtime on the local phone network to resell to her customers. She dreams of earning enough money to educate her children and having enough capital to start other businesses. Because few people own mobile phones in her area, she has also worked as a maize farmer. The loan group that Lillian leads is called Maaya Tukolerewamu and members guarantee each other's loans.
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.