Hanifa is a widow with six children. She also looks after other three dependents, who are orphans. She is a member of the Tebuyoleka Group. She wants a loan to pay school fees for the many children. Her dream is to buy a plot of land and build a house for her children near the city, and thus to get relief from the burden of renting. Her main challenge is that business is slow and, at times, she spends three days without making any sales, yet she still has to meet the needs of her family. However, with the loans, she believes the status of the business will change, because she will be able to buy a variety of food items to make her business competitive. She is a hard-working woman. The twelfth member of the group, right rear, is the group secretary, who is in a different sub-group and signed a waiver form for this loan.
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.