She lives in the city of Multan, which is famous in Pakistan for its sweetmeats and holy places. She owns a small house of two rooms, and has been living in it with her family for over twenty years.
Surriya is a very talented lady and is an expert in her work. She sells embroided and colored shawls to her customers. Her selection of shawls attracts her customers to her business. Multan is famous for its "saint places". To maintain the legacy, women wear shawls to cover their heads as a sign of respect and men also wear scarves on their heads.
With the loan, Surriya will buy the shawls in bulk. She is hopeful that she can greatly increase her income which will help her family have a better financial life.
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