Her husband works in a government organization for a low income. Mussarat has two sons and both of them are getting their education by attending a local school. She is also a very good mother and housewife. She tries her best to give comfort to her family by fulfilling their needs.
She is very confident that an investment will help her expand her business and increase her sales and 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