Shumaila is the mother of three sons and a daughter. Her eldest son left his education after the fifth and started a welding business while her remaining children are continuing their education. Her husband is an ice cream seller. He prepares great tasting ice cream, which his customers like very much.
Shumaila is very supportive and operates a decorative embroidery business from her home. She has great artistic skills and makes beautiful looking embroidered clothes for her clients. She has applied for a loan from KIVA partner Asasah for further improvement of her business. With the loan investment, she will buy beads, embroidery thread, frames etc in larger quantity and of a different variety that will allow her to attract more clients by producing better quality embroidered clothes and increase her profits.
Note: In the photo, the lady raising her hand is Shumaila.
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.