Zia Jan, the group leader, has a quilt sewing business. With the loan she receives, she would like to buy more good quality materials to attract more clients and to expand her business.
Zholina, the second member, wants to take a loan for her tailoring business. She needs to buy an electric machine to add to the other one she already has.
Shah Gul would like to receive the loan for her son. He has a general store. With the loan, he would purchase supplies that are not available in his shop, but are in much demand.
Semin wants to take the loan for his brother, a mechanic. He would like to buy the necessary tools for his brother’s workshop.
The last member, Nahid, would like to take the loan for her husband. He needs to repair his taxi to improve his work.
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