Kaniz is married and has three sons and one daughter. Her second son is a factory worker. Her youngest son and a daughter are in school, and her eldest son helps his father in his milk sales business.
Kaniz herself is involved in sewing work. She also manages the household chores along with her sewing work. She loves her family and takes much care of them. She makes the utmost effort to provide comfort to them by fulfilling their needs.
Kaniz's husband has a buffalo from which he gets milk and then sells to the milk shops. He has been operating his business for many years and has a good reputation among his customers.
Earlier, he managed the work on his own, but now his son's presence has become very fruitful and helpful for him.
With the loan investment, her husband will purchase another buffalo, which will increase the milk productivity and also give a boost to his sales. This will definitely generate good profits for him.
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.