Robina is a working woman who supports her family financially through her bangles business. She also carries out her responsibilities as a housewife very well. Her husband has just started a shoemaking business. Earlier, he was involved in a fruit-selling business and on the side started learning shoemaking as well. When he left the fruit-selling business, he went to learn the skill of shoemaking. Now, he is fully trained and gets orders from different factories.
Robina has applied for a loan from Kiva partner Asasah to establish her husband's shoemaking business. With the loan, her husband will buy items like leather, nails, and shoe polish in large quantities to make a lot of shoes and improve his income.
Robina is very confident that her husband will be able to establish his shoemaking business, and that his family will be able to enjoy a better standard of living as a result.
Note: In the photo, the lady raising her hand is Robina.
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.