Jennifer T. is the treasurer of Kamwokya II development group in Kamwokya. She is a married lady and the mother of 4 children of whom two are still in school, a girl in her final year at Makerere University, while the boy is just beginning high school.
Jennifer has two businesses. She is a poultry farmer with layers. She recently sold off all her layers and has booked 500 more layers as well as a few broilers that she hopes will be ready during the Easter season. She also has a cosmetics shop where she sells ladies’ beauty products like Vaseline, lotions, weaves and braids. She is grateful that she is able to sell from her home; hence doesn't have to rent. Jennifer needs another loan to complete payment for her birds as well as stocking feed for those birds.
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.