Khalida is a very active and efficient lady. She remains at home and does her household responsibilities very well. In her spare time, she also gives the cattle feed and keeps their living place clean.
She has given birth to five children. One of them works while others remain at home and don’t do anything.
Khalida is very confident that the loan investment will be a productive one for her husband’s business and will increase his profits.
Note: In the photo, the lady holding a book called Asasah Passbook is Khalida.
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