Sugran Muhammad Ashraf Group
Maqsooda baji wants a loan to buy cosmetics and a dryer for her beauty salon.
Fozia baji wants a loan to buy a sewing machine for sewing clothes.
Bushra baji wants a loan to buy a donkey cart for loading.
Sugran baji, wife of M. A., has lived in a city named Lahore, Pakistan, for the last fifteen years. Lahore city is famous for its historical places and for its Punjabi foods. Her husband has a tailoring center in the community and sews clothes and earns income. Sugran baji also helps him by sewing clothes. She is applying for a loan to buy an electric sewing machine so that he is able to sew more clothes and earn more income.
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