Mastora is a tailor. She has been interested in tailoring since she was a child. When she was young, she decided to work as a tailor. Now she has a good number of clients, so she wants to add to the number of her clients by purchasing a new sewing machine and the other required materials of tailoring.
Aziza and Monyra would like to have a loan to complete their business requirements. Rohalah is a taxi driver. He has worked as a driver for more than 10 years. He needs to buy a new machine for his taxi to work better and to increase his income.
They have requested a group loan of 40,000 Afghani. They all want to send many thanks to Kiva lenders.
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.
0View loans »
Success!! The loan was 100% repaid