She is married to S. Q. who is engaged in an animal-selling business. His business grows busier during the Muslim festival of Eid-ul-Azha because people purchase animals to slaughter. At other times he sells animals to butchers. He purchases young goats and sheep at cheap prices and sells them after raising them.
Razia herself is a seamstress, involved in a business sewing clothes. She does this work for her neighboring clients to earn income for the family. She is very skillful in her work and receives regular orders every month. She has given birth to a son and a daughter. Both are very young and have not started to attend school yet.
She has applied for a loan from Kiva partner Asasah to improve her husband’s business. With the loan, he will purchase some goats and sheep to earn more profit through selling. He has been operating this business for the past eight years and Razia is hopeful that an investment will put his business in a more profitable position.
Note: In the photo, the lady with a book (called Asasah Passbook) is Razia.
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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