Prossy N. is the leader of Tusuubira Group B. She is 35 years old and is married with 4 children. Her previous loans have helped her so much with her tailoring business that her business has lasted for a long time.
Prossy has a shop that sells new clothes and clothes that she makes herself for her customers. She is so happy with her business. She also has a tailoring school where she teaches young girls the same trade. Her students have to pay a small amount of money to help her with the rent.
Prossy needs a loan to buy more new clothes to sell and materials for making other clothes now that the demand is so high.
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.