This is a group composed of two persons who mutually guarantee one another. Delphine, the group's official, is 49 years old, married, and the mother of two children, who are in school. She has a store where she has been selling a variety of goods for a few years. She gets her supplies from one of the markets in Benin.
With the goal of bolstering her capital and meeting the needs of her customers, Delphine and her teammate requested and obtained financial support from Finadev with the aim of making enormous profits and helping to cover her children's schooling costs.
Delphine is the one found at the left in the photo.
Il s'agit d'un groupe constitué de deux personnes en caution solidaire. Delphine la responsable est âgée de 49 ans. Mariée et mère de 02 enfants scolarisés, elle a une boutique où elle vend des divers depuis quelques années. Elle s'approvisionne dans l'un des marchés du Bénin. Dans le souci de renforcer son capital et de couvrir les besoins de ses clients, Delphine a sollicité et a obtenu ensemble avec sa coéquipière un appui financier à Finadev afin d'en tirer d'énorme profit et de participer à la scolarisation de ses enfants. Delphine se retrouve à gauche dans 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.