A very active lady, Bilquis stays at home to manage the domestic chores and take care of her family. She gets up early and waits until the family members come back home. They help each other in their work.
Her husband's name is S.. He runs a canteen in a local school, where he sells home-cooked food such as nan kababs and finger chips. His items are very famous among the students. He recovers the financial expenses from his canteen business, but as the expenses are going higher day by day due to the high cost of purchasing the required items, Bilquis has decided to apply for a loan from Asasah. With the loan amount, they will buy the required items and save the purchasing cost by buying in bulk.
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