She is divorced and lives with her brother. Her brother is a painter by trade and paints doors and windows for his clients. He does this work for daily wages.
Azra spends her time by operating a clothes-selling business. She buys clothes from Multan, a city that is famous for its variety of clothes, and sells them in the local market in her community. She deals with a good number of clients and receives regular orders.
She has applied for a loan from Kiva partner Asasah. With the loan, she will buy clothes of different varieties in bulk quantity, which will cut her cost of traveling in addition to adding more variety to her stock to attract more customers. She is hopeful that this investment will be profitable for her business and provides her a regular income in the future. She is a new loan user of Asasah and this is her first loan application.
Note: In the photo, the lady who holds a book (called Asasah Passbook) in her hands is Azra.
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