Bilqees is very supportive, sewing clothes to assist her husband financially. She is very fond of sewing, and she can make different styles of clothes for very reasonable prices. Bilqees is the mother of a son and a daughter. Her son sells clothes while her daughter is studying in the ninth grade. Her husband operates a grocery store in the market where he sells everyday items such as salt, sugar, and spices.
Bilqees has applied for a loan from Kiva partner Asasah to improve her husband’s grocery business. With the loan, he will buy spices, sugar, cooking oil, snacks, and other items to fulfill the needs of his customers and increase his profits. He is very experienced in his business, and Bilqees is confident that the investment will increase his productivity, sales, and profits.
Note: In the photo, the lady holding the book (called the Asasah Passbook) is Bilqees.
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.