Tukolere Wamu Women's Group
Robinah is a married woman with 4 kids, all in school, while she helps out her parents in the village time and again. Her husband is a farmer keeping animals and poultry at home, as well as being a contractor building people's houses, and together they work so hard for their well-being and that of their children.
Robinah needs a loan to enable her to buy more matooke for sale from trucks, but she also has a plan of starting to sell firewood from the same stall plus keeping goats in December. She is surely grateful for her loans.
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.
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Success!! The loan was 100% repaid