She is very experienced and has been doing her business for the past 20 years. She is confident that an investment will bring positive changes to her business and she will be able to expand it successfully.
Her husband is also an animal seller by profession. Both Bashiraan and her husband also get milk from their cattle to earn an additional income.
Bashiraan has two sons: the eldest one is in college while youngest one is not yet reading.
Bashiraan is confident that after the loan investment, her family business will grow further and her family will be able to enjoy better living facilities as a result.
In the photo, the lady with a book (called an Asasah Passbook) is Bashiraan.
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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Success!! The loan was 100% repaid