Popal Wazhma Group
Wazhma is married and has three children. She is busy in tailoring and wants to buy more cloth for her business.
The second member is Samira who wants to take a loan for her son who has a fresh-fruit cart. With this loan he wants to buy more fresh fruit.
The third member is Aziza who wants to take a loan for her husband. He has a shop selling video CDs and with this loan he wants to complete his stock.
The last member of this group is Karima who is busy in her embroidery business. With this loan she wants to buy a new machine for embroidering.
So therefore, they made a group. They want to continue their businesses and have requested a group loan. Each member needs 10,000 Afghani to further their work and be a good client for Kiva and AFS. Wazhma is sure that they can repay the loan on time and that she can control the whole group. They would like to thank every body that helps with this process of providing loans in Afghanistan.
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