K. Rehema is the leader of Tusitukire wamu group in Lugazi. She is 40 years old with a business of selling new clothes including ladies wear, children's skirts, dresses, knickers and T-shirts for 11 years. She is married with 6 children between the age of 22 and 8 years and she cares for one orphan aged 15 years. Ever since Rehema joined her lending group, now in her 35th cycle, she has managed to buy herself a plot of land. She has maintained the growth of her business as well as continuing to pay school fees for her children; the eldest being in Senior year of high school, and if all goes well, she will be able to attend the University. Rehema now needs another loan to help with buying more new clothes for her business to sell.
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.