S. Kalamu is a very outgoing person. He is 44 years old and married with 8 children. He also cares for 1 dependant. Kalamu is a farmer of rice, tomatoes, coffee, vanilla, cassava, and potatoes. He grows all these in large quantities and sells to his customers, mostly those that sell in retail. He has all the necessary experience as regards to growing these crops because he has been doing it all his life since childhood. In seasons when he does not have enough produce, Kalamu buys from his fellow farmers and supplies his customers in an effort to keep them. He needs a loan to help with employing labor on his land to clear bushes, as well as to buy fertilizers and pesticides for his crops.
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.