Zohra is a resident of Kamoki. It is a small industrial city also known for its rice and other agricultural crops. She has been living in the area of Bilal Park with her family in a two-room brick house for the past many years.
Zohra has applied for a loan from Kiva's partner, Asasah, to improve her sons' business because they have a large order to fulfill. With the loan, they will purchase cable in large quantity to meet the order on time. They have been doing this business for the past five years. Zohra wants to marry off her eldest son, who is now 29 years old, and she hopes that improvements in the business will help her save some money for that purpose.
In the photo, the lady with a book (an Asasah passbook) is Zohra.
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.
336View loans »
Success!! The loan was 100% repaid