Robinah is a leader of a group of 4 members. She is a 30 year married woman, with two children aged between 7 and 10 years. All of her children go to school, and Robinah doesn’t take care of any additional family members. She resides in and rents a two room house. They have electricity but no piped water at home. The family gets three meals a day. She works in a semi-urban area which is on the outskirts of Kampala, and uses public transport to and from shopping. She buys from Kampala city.
Robinah operates a ladies salon in Kisaasi. On a good day, she works on 10-15 customers, and works seven days a week. She has been in this business for twelve years. Robinah has been with MCDT for ten years, and has worked with the same group mates, and is now servicing her twentieth loan. She wants to use this loan to buy a hair dryer.
About MCDT SACCO
This loan is administered by MCDT SACCO, a savings and credit institution operating in Kampala, Uganda. The mission of MCDT SACCO is to provide sustainable financial services to the lower strata of Uganda's poor, especially women, for their economic and social development. MCDT's cooperative structure also affords its clients the opportunity to own shares of the organization and benefit from its financial performance. For more on MCDT SACCO, please see our partner page at http://www.kiva.org/partners/112, and join our lending team, Friends of MCDT SACCO, at http://www.kiva.org/team/friends_of_mcdt_sacco.
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.