Saima herself is a housewife who stays at home and does her household responsibilities. She is a very active and responsible person and performs her tasks very well. She has given birth to four children: two sons and two daughters. Only her eldest son is enrolled in a school. The others are very young and have not started their education yet.
Saima is a very responsible loan user of Asasah. She has been receiving loans from Asasah for the past four years. She has always paid her installments on time and attended every meeting.
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