The group leader of this small group is Emma S.. She is currently in the business of selling charcoal and is requesting a loan to expand her business. Emma is 50 years old and is married with a husband who is a peasant. She has 3 children ranging in age from 15 to 20 and her children go to school. Each week, Emma makes approximately 400 Sudanese pounds in profits and with the extra profits from her loan, she hopes to be able to expand her business. Emma is joined in her small group by Rose P., Vonconca K., Grace J., and Betty K.. Rose P. has a business selling charcoal and wants to buy a car. Vonconca K. is currently operating a business selling vegetables and wants a loan to buy a television. Grace J. operates a business selling vegetables and wants to expand her business. Betty K. is currently in the business of selling vegetables and is requesting a loan to open up a bar.
About BRAC South Sudan
BRAC's holistic approach to poverty alleviation and empowerment of the poor encompasses a range of core programs in economic and social development, health, education, and human rights and legal services which are delivered through an extensive network of village organizations. BRAC has become one of the world's largest NGOs as a measured by the scale and diversity of its interventions.
In 2007, BRAC started operations in Southern Sudan. The microfinance program, which is targeted towards returning war refugees, has already formed 418 village organizations with more than 14,000 women members.
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.