She is very experienced in her work and has been operating it for many years. She is confident that her business will have more success after investing the loan.
She is also a great wife and mother. Her family is very happy with her management abilities. She is confident that her family’s living conditions will be improved after investing the loan in her business.
Note: In the photo, the lady holding a book called Asasah Passbook is Sabran.
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