Christine, a lady in this male-dominated group, operates a grocery business. She works 7 days a week, and has also dealt in farming since 2004. Her customers are community members. Her dream is to build her own house, while her challenge is bad debtors. She is hard working, honest and determined. She will use the loan money to buy charcoal for sell, and from the profits she will be able to cater for her family needs. She thanks the other group members, who are men, for contributing to her survival; they have encouraged her and motivated her, and even when she did not have any form of collateral security, the group guaranteed her and so now she is able to meet the basic needs of the family. The eleventh member is the group chairperson, who signed the waiver form but had acquired the loan in a different sub-group.
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.