Dezi N. is the chairperson of "Bbogo Women’s Group" in Lugazi. She is a farmer growing bananas ‘matooke’ (a kind of banana), potatoes, and maize plantations on her family piece of land which food is both for sale and home consumption. In addition to farming, she prepares local brew known as "waragi" for sale, using a certain kind of yellow banana which she has also planted on the same family land.
Dezi is 42 years old and married with 10 children of whom 6 are girls and 4 are boys, while she cares for 5 grand-children. The loans have helped Dezi plus her other members in the group to recapitalize their businesses and this time round, Dezi would like a loan to buy more bananas for making "waragi" enough for her customers, as well as employing labour / manpower on her farm since now is the beginning of the rainy season. She is grateful for all her previous loans from Pearl Microfinance; for she is a better person now both in business and in family.
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.