Shakran is a housewife, stays at home and performs her household duties. She has given birth to a son and two daughters. Her eldest son is not educated, while her daughters are getting their education.
Shakran is confident that an investment will help her husband make more profits from his business. He has a plan to rent a shop in the near future, and Shakran is hopeful that he will be able to fulfill his dream by increasing his profits.
Note: In the photo, the lady holding a book is Shakran.
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