Bi Bi Nesa Group
Farzana is happy with this loan process. When she found AFS and started her partnership and until now, during this time she has never been faced with any difficulties, therefore, she would like to receive another loan to progress more.
Finally, she wants to thank lenders around the world who help those who really want to expand their businesses.
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