Her husband is involved in two businesses. Professionally he has been a carpenter for the past 16 years but he also has an animal sales business. He has a good name in his community for keeping good animal breeds.
He helps out people by sharing knowledge about animals and also provides them useful tips on taking care of them.
With his good knowledge of this profession, he has decided to grow it by buying some animals (goats & sheep) to raise them for selling.
Zuhran is very hopeful that an investment will help her husband grow his business and increase his profits.
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