Farhat is married and has three sons. Her eldest son operates a business selling sugarcane juice. His juice corner is in a popular public place where he serves a good customer base every day and earns income. Her second son works with a lawyer while her youngest son works in a water supply company.
Farhat herself is a housewife, stays at home and does her household responsibilities. She is a very active and energetic lady and performs her duties very well.
She has applied for a loan from Kiva partner Asasah to help her son improve his business selling sugarcane juice. With the loan, he will purchase sugarcane in larger quantity to be able to sell juice to many more customers and earn more profit.
The demand for sugarcane juice becomes high in the summer season and Farhat is confident that an investment will help her son make his business more profitable.
Note: In the photo, the lady with a book (called Asasah Passbook) is Farhat.
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.