Dinah, a married woman of four children, lives in the outskirts of Lyantonde town and sells charcoal in the town center. She began the business to meet the growing needs of her young family. The business was also cheap to begin, yet it was profitable since all the low income earners use charcoal to cook because gas and electricity are expensive.
She wants the loan to increase her stock of charcoal to make it profitable.
She is hard working, and thanks Kiva lenders for supporting their businesses, which will improve their family's well being.
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.