Fazira N. is the chairperson of the Twesige loan group in Kayunga. She is married and has five children who attend school. Additionally, she also cares for two relatives, one of whom is an orphan. Fazira used to own a small retail shop. Now she is a poultry farmer and also sells milk from her three cows. These businesses have been allowed her to provide for her family well. She has raised a new brood of chicks. A loan will help her resettle and feed them.
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.