B. Justin is a kind, hard-working and gentle lady with a medical clinic in Kirugu town, her business for 11 years. She is 42 years of age and a widow with 5 children aged 24 - 14 years; she also cares for one orphan. One of her children is at the university while the rest are in secondary schools. Justin’s cases range from minor bruises to women with maternity problems and she is able to make monthly profits of 270,000 UGX. She has experience in treating various illnesses so she has many patients. She hopes one day to own her clinic building so she can admit more patients and to ensure that in the future, all her children can begin families of their own. Justin needs a loan to buy medical drugs for the clinic. With a loan, she can buy in large quantities and thus save on transport costs by making fewer purchasing trips.
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.