Faiz Ilahi Khadim Hussain Group
Aneela baji wants a loan to buy sanitary supplies (taps, pipes) to sell.
Ayesha baji wants a loan to buy material (beads, colored thread and clothes) for her embroidery business.
Parveen akhtar baji wants a loan to buy groceries for her grocery shop.
My name is Faiz ilahi and I have belonged to a city named Vehari, Pakistan, for the past fifteen years. I am an uneducated lady and I don’t feel hesitation to mention it, but I know the skills of embroidering clothes. This art encourages me to start my own embroidered clothes business. I started taking order from the clothes shops and earn income. I use my income as of need.
My husband’s name is K. H. and he deals with his clothes-selling business. He buys clothes from the city Multan because, in it, the clothes prices are very low. Then he sells those clothes to the community and earns income. I am applying for a loan to increase the profit of my husband’s clothes-selling business.
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