N. Jane is a 36-year-old lady and the chairperson of Bisoboka Women’s Group in Lugazi. She is married with 6 children as she cares for 2 children belonging to her late brother. Jane has a drug shop/clinic that offers over-the-counter medicine as well as providing delivery services to her local community of Buwundo in Lugazi. In fact Jane is so common and well common in her community as ‘musawo’ meaning ‘doctor’ because of the life saving services she offers. In addition to the clinic, Jane keeps animals like cows, goats and pigs at her home and these help her so much in times of need like paying school fees and home upkeep. Jane has been able to buy plots of land for her family and she has started farming on them.
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.