Ghulam Fatima's Group
By doing that, he will be able to provide better transport services to his passengers and increase his income.
He has been operating his business for sometime now and Ghulam Fatima is very confident that his business will become more profitable after investing the loan.
She is the mother of 2 other daughters who sews clothes for neighboring clients.
Her husband is a laboerr and earns reasonable amount of income every month.
Ghulam is very efficient lady and performs her household duties very well by staying at home. she also sews clothes and earns reasonable income every month. She is confident about her family's bright future.
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