Her creative & high-quality work allows her to receive good orders every month along with good profits. She does this work to supplement the family's income.
She is not very educated but her business sense is very good and she confidently handles her clientele base.
She has applied for a loan from Kiva partner Asasah for her boutique business. With the loan, she will buy clothes, lace, beads, and tussles in larger quantities to prepare beautiful looking dresses.
She is confident that her business will expand further after the investment of the loan funds.
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.
475View loans »
Success!! The loan was 100% repaid