Aneela herself is a very creative and talented lady. She not only gives required time to her household works, but also manages her sewing business very well. From the earnings, she runs the financial expenses with her husband.
Aneela hopes that with this investment, her husband’s business will continue to prosper so that he can offer an even better service to his customers.
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