Sughran is a housewife and spends her time staying at home and doing her household tasks. She has given birth to 4 children. All of them are enrolled in a local school and getting their education. Both Sughran and her husband know about the importance of education and want their children to become successful in life by getting the latest education. Sughran has a lot of confidence in her husband and is very sure that an investment will help him get more benefits from his business and improve the living standard of the family.
Note: "In the photo, the lady holding the book (called Asasah Passbook) is Sughran."
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