Her husband operates a business selling wheat. He purchases wheat from different farmers and sells to customers for a profit.
Robina is the mother of three sons: the eldest one works in a factory while the other two are studying. She has applied for a loan from Kiva partner Asasah for her husband because he wants to buy wheat in bulk. That will allow him to fill the orders of his customers and improve his profits.
Robina hopes that an investment will be a profitable one for him and it will improve the living standard of her family as a result.
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