49-year-old N. Sarah has been operating her general merchandise retail shop for the past 15 years in Buvuma Island, Lugazi. The happily married mother of seven says she began this business with savings from her agro sales business. Through the course of those years in business, she says, it's been diligence, determination and prayers that have kept her business afloat. Sarah also ekes out additional profits from a fish selling business. Weekly, she says, her profits are approximately 100,000 shillings. With this loan, she says, she is going to purchase more retail general merchandise commodities to resell. In the group photo, one lady client was not around when the photo was taken, so I marked her as unpictured. The male client marked as unpictured actually appears in the photo but he did not look directly into the camera.
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.