Ainura and her husband do their best and work hard to support the family. While Ainura’s husband is engaged in farming, Ainura trades in newspapers, magazines and some other minutiae in a small shop. It took Ainura some effort and time until she and her husband were able to save 120$ to purchasing the goods and lease a kiosk.
Nevertheless, their efforts were justified. Ainura’s monthly income is around 325$. She is very enthusiastic about her business, which she started a year ago. Due to her entrepreneurial skills and diligence, she has made permanent customers. Ainura does not want to stop at this. She is full of energy and desires to go forward. She hopes that she will get a loan and be able to purchase soap, detergent, costume jewelry, and women’s underwear. She believes that these selling these goods will attract new customers and increase her turnover. Because winter is approaching, she is preparing to purchase coal and insulate her shop.
Ainura has three partners, Ainura, Dinara and Zalina.
Ainura, age 38, is the mother of five children. Her husband transports goods on his own truck. Ainura farms and sells milk. Ainura decided to apply for this loan to buy fuel for sowing and two tons of coal.
Dinara, age 29, has three children. Her husband works in police security department. Dinara is a hairdresser. Her monthly income is around 90$. She needs a loan to buy a heater and linoleum for her salon.
Zalina, age 24, has two children. Her husband looks after the household. Zalina sells women’s underwear. She goes to companies and sells her wares on the spot. She is able to sell more underwear this. She needs a loan to purchase underwear. With the rest of the loan she wants to buy a calf.
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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