Sughran is married and her husband is also a tailor by profession. His shop is located in the market and he is an expert in sewing men’s clothes while Sughran is an expert in making ladies' clothes. Sughran is the mother of three sons and two daughters. Her eldest son is also a tailor and helps his father in his business while her remaining children are enrolled in a school and getting an education.
Sughran is very experienced in her work and this is her twelfth year of business. She is confident that an investment will bring even more profits to her. She is a regular loan user of Asasah and this is her second loan application. In her previous loan year, she has established good credit behavior and has never missed a meeting.
Note: In the photo, the lady raising her hand is Sughran.
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