Her husband is a master locksmith. He is an expert in unlocking jammed locks and also making duplicate keys.
Ameena has 6 children. The eldest one operates a lathe machine while the other 2 are also master locksmiths, learning the trade from their father.
Ameena has applied for a loan from Kiva partner Asasah for her youngest son who wants to buy tools for his locksmith business.
He is confident that he has now gained enough knowledge from his father to be able to handle his business independently. Ameena is hopeful that an investment will be a profitable one for him.
Note: In the photo, the lady raising her hand is Ameena.
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