Harriet, aged 36 years, is a resident of Rubaya village in Mbarara district. She dropped out of school after senior four and got married at the age of 18. At the age of 25 with 3 children, she divorced because of being battered by her husband. She started up a small business of tailoring in order to survive and also to cater for her children. This business grew and helped her to sustain her father’s family and supporting education for her young brothers. She later obtained a loan of 500,000 from Ugafode which has helped her to prosper, and this inspired her to mobilize women of her age to form a development group called Itara Women. This group has also succeeded in other developmental projects and is requesting a loan to help them increase the working capital for their different businesses. Harriet will use the loan to buy another sewing machine to create employment for one of her nieces.This will also help to increase her efficiency and therefore an increase in income. She is a hard-working and creative woman who delights in the development of others.
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.