She is the mother of four children, two sons and two daughters. Her eldest son supports the family by doing embroidery while other three are getting their education.
Kaneez is very supportive in nature, she used to help her son in preparing the embroidered dresses when he receives large orders for but must be completed on time.
She has applied for a loan from Asasah for her husband who runs a video-game shop in the community. With the loan he will buy new video games for his shop. He has been in this business for over seven years and earns a good income from it because. There is good potential in this business.
Kaneez is hopeful that by adding more variety of video games, her husband will be able to earn extra income which will be used to enhance the family’s living standard and help in completing the children’s education.
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