Najma Naheed's Group
Najma is a very talented lady. Her work is home based. She does this work to financially contribute to the family and to provide better education facilities to her children. She wishesto make the future brighter for her children by providing a good education.
Najma has requested for a loan from Kiva partner Asasah for improving her sewing business. She will invest the loan in buying thread, clothes, and scissors, etc. for her sewing business. This will enable her to sew better quality clothes for her customers and increase the income. She is hopeful that her business will be improved a lot after the loan investment.
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