Robinah N. is a mother of four children and the leader of her group. She has a retail shop selling soda, juice and mineral water in Namawojjolo's trading center. She also sells chickens to the same customers. Her previous loans have helped her buy more chicken, sodas, water and juice to sell, and as a result, the profits have enabled her to look after her family and pay school fees for her children. She plans on starting a poultry business in order to reap profits as her own supplier. Robinah is in need of another loan to help restock her shop with more soda, mineral water, juice and buying more chicken for roasting.
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.