Amos is an agriculturalist who does both farming and animal rearing on a small scale. He supplements the agriculture through selling agricultural produce. He needs the loan to buy cow dung that he will use to spread onto his plantation along with mulches so that he can improve the productivity of his crops. He is hardworking and hopes he will break through financially with this continuous financial boost. He thanks the Kiva lenders for supporting their group.
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.