Bebe Liala Group
Jamila is the group leader. She is a beautician. She has got a small beauty salon where most of her clients come. She would like to expand her business and to buy some more chairs and good quality cosmetics for her salon. This is why she has requested for a loan, to complete the necessities of her business.
The second member, Nadia, wants to take a loan for her husband’s mobile selling shop. With the loan, he would like to expand his business.
The third member is Zamir A., a hard working boy. With the loan he receives, he would buy more mobile seats for his shop.
Sheba, another member of this group, would like to purchase materials to design more beautiful things from beads.
Bebe Liala wants to take a loan for her tailoring business. With the loan, she wants to buy a new sewing machine.
They are all thankful to the Kiva lenders from their support.
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