She has applied for a loan from Kiva partner Asasah for her husband’s restaurant business. Using the loan, he will buy required ingredients such as chick-peas, cooking oil, rice and spices, etc. in bulk quantity to prepare food for his customers. In his restaurant her husband sells Punjabi dishes called "Nan chanay" (made with chick-peas and served with bread) and chicken biryani (made with rice and chicken and served with yogurt and salad). These are very famous dishes among his customers and people love to eat at his restaurant.
Shamim also helps her husband in preparing the food besides her household work. She hopes that her husband’s business will be improved further after the loan investment and her family will be able to enjoy a better standard of living in result.
Note: In the photo, the lady with a book (called Asasah Passbook) is Shamim.
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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