Her husband's name is M. R.. He operates a video making business. He is a professional video maker and provides his services on a phone call away. He makes videos at wedding and birthday functions and also takes still photography. He has fifteen years of experience in this profession.
Um-e-kalsoom is applying for a loan from Asasah, to purchase a digital movie camera for her husband so that he can provide better services to his clients and generate a good income for the family and make their wishes come true.
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