This is a group made up of two women who are mutually guaranteeing their loan. Gwladys, the group's leader, is 32 years old, married, and the mother of three children attending school. The eldest is 18 and [the youngest is] 13 years old.
Gwladys has been selling hair extensions and pagnes [traditional cloths] for several years and gets her supplies in one of the outdoor markets. With the goal of increasing her stock capacity and fulfilling her clients' expectations, she has sought and obtained a micro-loan from Finadev in order to maximize her profits and to contribute to her children's education. Gwladys appears at left in the photo.
Il s'agit d'un groupe composé de deux femmes en caution solidaire. Agée de 32ans, Gwladys la responsable est mariée et mère de trois enfants scolarisés. Le plus âgé a 18ans et 13ans. Gwladys vend des mèches et des pagnes depuis quelques années et s'approvisionne dans l'un des marchés de l'extérieur. Dans le but d'accroître sa capacité d'approvisionnement et de combler les attentes de ses clients, elle a sollicité et a obtenu un micro crédit à Finadev en vue de maximiser son profit et de participer à la scolarisation de ses enfants. Gwladys 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.