She has been living in a 2-room brick house with her family in a city called Khanewal. Khanewal is located in Pakistan and known for its agriculture industry. Her husband’s name is K. A. and he works in a factory for a low wage. She has given birth to 2 sons and a daughter. Her eldest son is enrolled in school while the others are very young in age. Nusrat is a very loving and caring mother who is raising her children very well.
She is a new loan applicant of Asasah and this is her first loan application. She is very confident about the future of her canteen business and hopeful that her business will grow further by utilizing the loan money into it.
Note: In the photo, the lady with a book (called Asasah Passbook) is Nusrat.
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