She is the mother of six children: four of them also operate embroidery businesses, while the youngest two are students in 9th and 3rd grade respectively.
With the loan, she will buy embroidery material such as beads, colored thread, and sketches in bulk quantity that will allow her to fulfill the client requirements and increase her income.
She has been operating her business for past 10 years and is very confident about her business growth.
Note: In the photo, the lady holding a book (called the Asasah Passbook) is Surriya.
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