Masitula N. is one of the executive members of the Lugolole Group in Jinja. She is a married woman and has a business of selling bananas (matooke). She has been in this business all her life and hence has the experience of ensuring that she has high yields since most of the matooke she sells come from her garden. She will only go to her fellow matooke growers if she does not have enough to sell to her customers. Apart from the matooke, Masitula also has other sweet potato plantations, cassava, and groundnuts that help to boost her income. She also keeps animals like cows and goats at home and has bicycles that help to transport her produce to the desired market areas. Masitula needs a loan to help buy fertilizers for her farm and to employ manpower on those farms.
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.