Frisita N. is the leader of the Victoria group, very hard working, and involved in the bar business. She makes the local brew herself with bananas and sells them both in retail to home customers as well as selling to other bar owners that are not able to make the brew themselves. She makes tonto and waragi, both delicacies of the local communities mostly enjoyed in the evenings after a hard day’s work. This is Frisita’s 34th loan and all of them have been helping her in her business as well as being able to buy other beers like Bell lager, Nile Beer and others made in big factories for increased income. She is also a farmer with matooke, cassava, and sweet potato plantains for home consumption and the excess is sold to cater for home needs. She is married with children, some of whom are out of school, but care for 3 grand children. Frisita needs a loan to be able to buy more bananas, sorghum, and buying grass for making her brew.
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.