Aminah is a divorced woman aged 46 years. She has six children of which two go to school and four dropped out of school due to lack of tuition. Aminah sells green vegetables that she supplies to a popular African food specialist restaurant around the city. She also sells some to her neighbors and passers-by; she earns income to look after her family. Her biggest challenge is the weather changes especially during the hot season when there is short supply and increase in prices result into little vegetable sells which affects her profits so much. Her main vision is to see her children successful and prosper in life. Regina another divorced woman with five children wants to construct a water tank that will harvest water for sell. It is her sole source of income for the livelihood of her family. She is hard working and has determination to survive with her family in a hard economic environment.
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.