Aalishan is the mother of seven children. Except for her youngest son, her children are enrolled in a local school and getting their education.
It is very difficult for Aalishan's husband to afford the living and education expenses of his children because his is the only income for the family.
Aalishan is hopeful that the loan will help him earn more income from his business and her family's financial conditions will be improved.
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