Mariam is a housewife and does her household responsibilities by staying at home. She is very active and performs her daily tasks with a great sense of responsibility. She has given birth to a son and a daughter. Both of them are not of school-going age yet. Her husband has two businesses. He is a rickshaw driver as well as a fruit seller. He works very hard to fulfill the basic needs of his family. In the morning, he goes to the fruit market to sell his fruits and later he provides the transport services to the passengers. His rickshaw has grown rough and needs repair work, which is why Mariam has applied for a loan from Kiva partner Asasah to help her husband repair his business asset. With the loan, he will repair his rickshaw, allowing him to run it more smoothly and provide better transport services to the passengers. He has been operating his transport business for many years and Mariam is confident that an investment will bring positive changes to his business and increase his profits. She is a new loan user and this is her first loan application to Asasah.
Note: In the photo, the lady with a book (called Asasah Passbook) is Mariam.
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.