N. Grace is the leader of the Kavule women’s group in Mukono. She is a widow with seven children; she also cares for 2 relatives who are orphans. For 2 years, Grace has had a business making liquid soap. She sells the soap mostly to supermarkets, shops and clinics. She has also made empombo (traditional chicken) for 3 years, which she sells to different clubs and restaurants. She needs a loan to boost her liquid soap business by buying more powder, as well as to help her in buying more chicken. She is grateful for the loans because they have helped her to support her numerous businesses.
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.