She lives with her family in a two-room, brick house in Fareed Town, which is located in Lahore, Pakistan. Lahore, the capital of the Punjab Province, is a historic city and famous for its history and Punjabi food. She is a mother of a son who is in the 9th class. Robina wants her son to complete his education and become successful.
She has applied for a loan from Kiva partner Asasah for her husband who has a business that sells construction supplies. With the loan, he will buy construction supplies, such as sand, bricks, and cement. The supplies will help him provide better quality services to his clients and make more income.
She is a new loan applicant of Asasah and is hopeful that an investment will bring positive changes to her husband’s business.
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