Dezy is 46 years old, she is very active and performs her duties very efficiently. Her husband operates a painting business. He paints buildings and houses on order. He is very good at his work and receives regular orders every month.
Dezy is a housewife, she spends her time staying at home and taking care of her household responsibilities.
She has three sons, none of whom could get education due to financial constraints. Her second son is a hairdresser by profession and contributes to the family financially from his earnings while others stay at home and don't do anything.
Dezy has applied for a loan from Kiva partner Asasah for her son's hairdressing business. With the loan investment he will buy scissors, shaving creams and other barber shop business products to improve his business.
He has operated his business for many years and Dezy is very confident about his success.
Note: in the picture the lady holding a passbook in her hand is Dezy.
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.