Flamboyan I Group
Titi is the leader of this group and she is remarkable because she gives encouragement to other members. She has a small business making food such as wet pastel, dry pastel, and egg rolls. The benefits of the loan from Kiva are very meaningful to her life with her husband and two children. Their relationship is getting warmer because all of her work was done along with her husband. Titi hopes that with the help, she can buy additional tools to increase her production of printed cakes. Also, every member of the Flamboyan group and their families can prosper. In the picture, Titi is holding some goods she has produced.
About Yayasan Sosial Bina Sejahtera (YSBS)Yayasan Sosial Bina Sejahtera (YSBS) is a non-governmental organization that has worked on poverty reduction, food security, gender issues, education, public health, and climate change in Central Java, Indonesia for over 40 years. Kiva lenders can fund tuition loans for students attending YSBS’ maritime academy and senior vocational high school to help them launch their careers, or enterprise loans for rural groups of women participating in the organization’s microfinance program.
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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