Mohammad Hasham Ameir Mohammad Group
Sameyna and Zaynab want to take a loan for their home-based business of carpet weaving. They need a loan for their business to progress. Safya and Shakyllah want to take a loan for their husbands' shared business of a general store and vegetable selling. Both women clean and package the vegetables, and then their husbands sell them in their shop. They want to expand their business. And Saleha wants to take a loan for her husband, who has a car part shop. He wants to make his shop larger.
They requested a group loan of 60,000 Afghani. With this loan they can make their businesses larger, support their families and make a better future for themselves and their families.
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