With the loan, he will buy goats to be able to raise them and sell them for a good profit. He has been doing this business for many years and has got a good reputation among his clients for his good business sense and knowledge about animal breeds.
Sardaran herself is a housewife but also supports her husband in taking care of his animals. She provides them timely food & water and keeps their stalls clean. She is hopeful that the loan investment will be a productive one for her husband.
Note: In the photo, the lady with a book (called Asasah Passbook) is Sardaran.
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