Najeba Emam Group
The second member is Khoory Gull. She wants a loan for her son. He sells fresh fruit and vegetables from a cart. With this loan, he wants to expand his business.
They have requested a group loan of 28000 Afghani to change the status of their businesses and their life. They admire this effective process.
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