Azra has given birth to 3 children. Her eldest daughter is in class one while the others are too young to attend school. As her husband is abroad, all the household responsibilities fall on her shoulders. She is managing these responsibilities with great courage and playing her role as a mother and a housewife very well.
She is hopeful that an investment will be profitable for her business and she will be able to make more profits due to bulk purchasing that will allow her to offer her customers more variety. She is a regular loan user of Asasah and this is her 5th loan application. In previous loan years, she has maintained a good credit behavior and never missed any meeting.
Note: In the photo the lady with a book (called Asasah Passbook) 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