Gakuweebwamunno Lending Group
She is married with four children and stays with her children since her husband stays and works in Kenya. This means that she cares for her children and dependants, and only considers their father as the head of the family. She believes that without borrowing, waiting for funds from her husband would have made her life hard.
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.
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Success!! The loan was 100% repaid