I am Abida A. D., and I am married and a mother of three. I live with my family in a small town called Borewala in Pakistan. My husband is a rickshaw driver and at present, he drives someone else's rickshaw on rent. Therefore, acquiring a loan to buy our own rickshaw will increase our income. I embroider and stitch clothes on order. My husband and I also tried our luck in the big city of Lahore, but could not find employment there and came back to our town. Now, if our income increases, I plan to construct an additional room in my house. I have a few other members in my loan group and I want all of these women to get loans for their businesses so that they can bring about positive changes in their lives. These members are: Kishwer P., who is a widow and a mother of one son, and trades sheep and goats, needs a loan to buy a few more goats for her business; Shamim A. needs a loan to buy a new stitching machine for her stitching business; Nasim A. plans to invest this loan in her husband's business of supplying candies and toffees to various shops in the city; Zarina B., who needs money to start a fruit business; and Rukkiah A., who needs a loan to buy her husband a donkey cart.
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.