Her husband sells wheat and other agricultural products such as rice, etc.
Bilqees is the mother of a son and two daughters. Her son is a rickshaw driver while her daughters are studying.
She has applied for a loan from Kiva partner Asasah for her animal-selling business. With the loan investment, she will buy a buffalo for selling at a profit after raising it. She will also sells its milk to her community clients for making extra profits.
She is new to her business and hopes that this investment will be a profitable one for her.
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