Bashiran Muhammad Ali Group
Nasreen baji wants a loan to buy decorative material (beads, colored thread and clothes).
Sugran baji wants a loan to buy cotton to sell.
Mumtaz baji wants a loan to buy beams for her shuttering business.
Rehana kosar baji wants a loan to buy seasonal fruits for her fruit-selling business.
Bashiran baji is the wife of M. A. who has lived in a city named Kasur, Pakistan for the past ten years. Kasur city is famous for its sweetmeats and for its shrines. Her husband runs a construction supplies business and has three years of experience in this business.
Bashiran baji is the group leader of the above mentioned ladies. She operates a decorative embroidery business. She prepares embroidered dresses on orders which she collects from her community. She is applying for a loan to buy construction supplies to increase her husband’s profit.
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.
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Success!! The loan was 100% repaid