Rubina has four sons and a daughter. Her first two sons are tailors by profession. The younger ones are getting their education from a local school.
Rubina is hopeful that her husband will be able to bring positive changes to his business after making an investment in it. She is a regular loan user of Asasah and this is her second loan application. She is a responsible client and paid her duties responsibly in previous loan year.
Note: “In the photo, the lady who has holds a book (called Asasah Passbook) in her hands is Rubina”.
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