She belongs to a poor family. So, in order to financially assist her family, she makes embroidered clothes and also sells cloth. She buys clothes from the markets of Multan and sells them to her local area clients for good profit. Basically, she is a very creative lady and loves to craft beautiful embroidered dresses. She sells her embroidered dresses to different boutiques and people admire her talent and give her good orders.
Saeeda is also a very good wife and mother. She is married to F. who also has a business of embroidery. She is bringing up her 6 children with great care. Her elder son does his own business, while her remaining children are getting their education.
Saeeda has applied for a loan from Kiva partner Asasah in order to improve her clothes selling business. She will utilize the loan to purchase clothes in bulk quantity that will help her offer more variety to her clients and make more sales. She is hopeful that, in this way, she will be able to make more money and provide better living facilities to her family.
Note: In the photo, the lady with a book (called Asasah Passbook) is Saeeda.
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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