N. Agnes is a single mother of seven children and divorced from her husband. Her four children are still in school and she also cares for orphans. She is a determined lady with two businesses to manage. She has a poultry farm as well as being a farmer in Kitigoma. Her major challenge is the expensive feed for her chicken. She works hard to be able to make 150,000 a week profits from her transactions. Her advantages are her good customer care skills and the help from loans for business investments. She hopes to become the leading poultry farmer so that she will be able to build rental houses. Agnes needs a loan to be able to buy more chicken feeds for her poultry farm plus pesticides for her farming business.
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.