She is married to L. A. who operates a donkey cart. With his cart, he offers loading/unloading services to his clients. He is very much experienced in his work and has been operating this business for the past 10 years. Due to the good quality of his services, his clients trust him and give him regular orders.
Shamshad is the mother of three sons. All of them are illiterate because Shamshad couldn’t afford their education. Her eldest son operates a Punjabi food selling business. With his cart, he sells a traditional food called "Golgappy" (which is made of flour and served with spicy sauces). Her second son operates a tea stall, and the youngest one has a barber shop.
She has applied for a loan from Kiva partner Asasah for her husband whose donkey cart has gone rough and needs a replacement. With a new cart, he will be able to carry heavier loads and serve his clients better. Shamshad is very hopeful that an investment will bring positive changes to her husband’s business and improve his income.
She is a new loan applicant and this is her 1st loan application with Asasah. She hopes it will be a good experience.
Note: In the photo, the lady with a book (called Asasah Passbook) is Shamshad.
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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