Rukhsana Muhammad Amen Group
This is a group loan, and Rukhsana Baji is the group leader. The other three members are women from her area. Zubaida Baji wants a loan to buy materials (beads, colored thread and clothes) for preparing embroidered clothes. Rubina Baji wants to buy seasonal fruits to sell. Azharan Baji wants to buy materials (cooking oil, lentils and spices) for her food-selling business. The loan funds will be distributed among the group members, each of whom will invest in her own business. The members mutually guarantee one another's loans. If one member does not repay, the other members are responsible.
Note: Rukhsana Baji is seated in a white shawl in this picture.
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