Shahida Perveen's Group
It is always important in any business that you always keep available stock to fulfill the needs of the clients on the spot. Her husband will do the same with the help of the loan to make sure that he doesn’t face any problems of material shortage.
Shahida perveen couldn’t educate her first two sons but she wishes her youngest son will complete his education; he is in 5th class. She is hopeful that an investment in her husband’s business will enable him to increase his income which will bring new happiness to the family and help her son to complete his education.
Note: The women behind these five ladies are not connected with this group.
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