Annet has a retail shop in Kaazi trading centre and she is able to make 200,000/= as profits a week and this helps her take care of her family plus her children.
Before the retail shop, Annet was a farmer and she is grateful for her loans in addition to her good customer care skills. In future, Annet would like to be a wholesaler, supplying to other shop owners as well as educating her children to the highest levels.
Annet needs a new loan to help restock her retail shop with more goods. She is really a determined and hardworking lady.
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