Atebar Khan Group
Hakima wants a loan for her son who sells fresh vegetables in his shop. With this loan, he wants to complete his inventory. Frishta wants a loan for her husband who repairs car batteries. Rabia wants a loan for her husband's general store. With this loan, he wants to buy more food for his shop.
They requested a group loan. Each member needs 14000 AFN and to further their work and be a good client of Kiva and AFS. Hakima ensures that they can repay the loan on the time and she can control the whole group. She would like to thank everyone that helps Afghanistan and its poor people with this loan.
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