Afoussatou, aged 48, is the official of a two-person group. She is married and the mother of two children. She stocks up on kitchen wares at one of the markets twice a month and then resells the goods. With the aim of improving their children's standard of living and expanding their business, Afoussatou and her teammate have requested financing from Finadev. The official is the one found at the left in the photo.
Agée de 48 ans, Afoussatou est responsable du groupe de deux personnes. Elle est mariée et mère de deux enfants. Afoussatou s'approvisionne en ustensiles de cuisine dans l'un des marchés 2 fois par mois pour les revendre. En vue d'améliorer le niveau de vie de leurs enfants et d'agrandir leur commerce, elle et sa coéquipière ont sollicité un financement auprès de Finadev. La responsable est celle qui se retrouve à gauche de la photo.
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.