Her husband sells balloons of different shapes which attracts many children towards him. He has good sales everyday.
Bashiraan also supports her husband financially by making Pranday (ornament used to tie up hairs and it is very popular among women) that sells for a very good price.
Besides her business, she also manages her household very well.
She has applied for a loan from KIVA partner Asasah for her eldest son, for his cosmetic selling business. With the loan, he will buy cosmetics such as eye shadow, mascara, nail polish, etc. in bulk.
He has operated his business for many years and Bashiraan is hopeful that an investment will help him make his business more profitable.
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