Parwana Sameira Group
Bibi Sharifa wants to take a loan for her husband’s business. He has a taxi for which he needs a new part and with the loan he would be able to solve this matter.
Samira and Shima want to take a loan for their business of carpet waving. They want to support their families and buy necessary materials for their business to improve it.
Nazarab S. wants to take a loan for his carpentry business. He needs to purchase more materials for his shop.
They have together requested a loan of 40,000 Afghani. They are glad of this loan process in Afghanistan because these loans help the poor people of Afghanistan.
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