Sajida’s days are focused on managing the progress of her sewing business. She operates her sewing works to supplement the income for her family. She is a very caring lady in nature and tries to fulfill the needs of her family with her efforts.
With this loan, Sajida will purchase unstitched clothes and fiber, in bulk, to be able to sew them and offer to her clients for purchasing. She is hopeful that her income will be increased by offering the stitched dresses to the clients.
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