She is the mother of six children; the first three work while her three younger children are enrolled in a local school and getting their education.
Her husband is a rickshaw driver. He also operate a video shop through which he sells movies and DVDs.
Shahida has applied for a loan from Kiva partner Asasah for the further expansion of her own business. With the loan, she will buy a new sewing machine and some clothes that will allow her to make more dresses to display for selling and earn better profits.
She is very confident that her business will go in a positive direction after making an investment into it.
Note: "In the photo, the lady raising her hand is Shahida ".
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