Razia Maqsood Group
Rukhsana baji wants a loan to buy tools for her motor-repair workshop.
Azra baji wants a loan to buy iron for making iron rods to sell.
Irshad baji wants a loan to buy material (colored thread, clothes and beads) for her embroidered-clothes business.
My name is Razia and I have belonged to a city named Lahore, Pakistan, for the past ten years. My husband’s name is M. and he has a musical band. They go to functions like birthdays and weddings and perform for them and earn income. I run a business sewing clothes and use the earning to pay for the utilities. I am applying for a loan to buy a guitar for my husband’s band.
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