Bushra herself is a very talented lady. She works as a seamstress for her community clients. She sews designer and non-designer dresses easily. Her clients are very satisfied with her work and during her working years she never receives any complaint from her clients. She uses her earnings to pay off the utilities.
Bushra's husband is a loader by profession. He loads different items such as fruits & vegetables and construction supplies on his donkey cart and delivers the items to their destinations. He is very honest and committed to his work. Bushra has requested for a loan from Kiva partner Asasah for her husband’s business. He will invest the loan in buying a new donkey cart because his current cart has become old and rotten from traveling through different areas. Bushra is hopeful that the new cart will allow her husband to get more orders and increase his income.
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