In a group loan, the group as a whole is responsible for repayment and fees, and each participant in the group has a designated responsibility to pay their part of the debt. In a group loan, the group has a single loan account and the group is the primary unit that the financial institution interacts with; a single repayment schedule is maintained for the group. The group provides credit worthiness to all its participants; if one participant in the group is delinquent, then all group participants are considered delinquent.