K. Jane is a married woman with 3 children because she cares for 2 orphaned children. All the children are in school. Jane is also the chairperson of Twezimbe women's group in Kigunga, Mukono. This is a new group that has just formed to get a loan from Pearl Microfinance; without the loan, the members do not have the capital they need to improve their businesses.
Jane's business is tailoring: she makes school uniforms and ladies' wear. She also owns a gift shop in the same trading centre. She has struggled to pay the rent for her businesses. Many girls approach Jane, wanting to learn the tailoring trade, but Jane has only one sewing machine, which she needs to use to supply her customers' needs, so she is unable to teach them. This is one of the reasons why she joined her group: she dreams of owning as many sewing machines as possible so she can help as many young girls as possible. Jane is positive about this dream.
With this loan, Jane plans to buy more material for her tailoring business and more gifts for her gift shop.
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.