Sheullah wants to take a loan for the business of tailoring. Shafeqa wants to take a loan for her husband who has his fruit and vegetables shop. Aarzho wants to take a loan for her husband who has car parts shop. Aziza wants to take a loan for the business of embroidery. Zhmera wants take a loan for her husband who has a general store. Zhrefa wants to take a loan for her husband who has a leather working shop.
So they are requesting a group loan in the amount of 84000 Afghani and they are very thankful for AFS and for Kiva lenders who support people all over the world.
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