N. Hanifa is the leader of her lending group in Kayunga. She is a very hard working lady and a mother of 6 children as she takes care of her other siblings. Hanifa is a business lady that sells smoked fish to families and restaurants in and around her village. She buys the fresh fish from the landing sites in Mukono and smokes the fish herself which enables her to save more. For the experience she has in the business, Hanifa is able to make 200,000/= as profits a week, although she wants for this to increase since the school fees and other family needs keep on demanding. She admires those people that sell her fish hence in future, she would want to join the fishing trade and supply the fish herself hence increasing her income and profits. At the moment, Hanifa needs a loan to be able to buy more fish for smoking hence resale.
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.