Harriet N. is a leader of Kamu kamu women’s group C in Kayunga. Harriet, 32, is married and has three children (ages 12, 7, and 4) who are all in school. She also cares for her sister by paying her school fees. Harriet has been in this lending group for one year and has various businesses. She has a retail shop that she has had for eight years, a salon that she has operated for a year. and, together with her husband, she has a bar. Harriet and her husband work together to see that all the businesses succeed. They have two dreams: that their children have the best possible education and that they own more land for farming. They are farmers now, though not on a very large scale. Harriet needs a loan to restock her shop, bar, and salon with goods.
This loan will be shared with her group members.
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.