She has given birth to two sons. Her elder son lives abroad, while her younger son is married and works in a government organization for a monthly wage. After his day job, he operates a spare-parts shop through which he offers spare parts for different vehicles to his clients.
Anis has applied for a loan from Kiva partner Asasah to financially support her younger son, who wants to improve his business by purchasing spare parts. The additional spare parts will help him to sell to those clients who have sought parts that he couldn’t provide for them due to non-availability, with the result that he will make them his permanent customers and increase his income as well.
Anis is hopeful that through the loan investment, her son will be able to get more profits from his business and will improve its financial condition. She is regular loan user of Asasah and this is her third loan application. In previous loan years, she maintained good credit behavior and never missed any meetings.
She belongs to Okara, which is a small city of Pakistan known for its agricultural industry. She lives there in the area of Kirpa ram with her family in a two-room brick house.
Note: In the photo, the lady holding a book called the Asasah Passbook is Anis.
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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