He is a very good driver and also provides pick-up and drop-off services to different school children. Parents of school children trust his driving and offer him good money for that purpose.
Nasreen is a seamstress and works for her neighboring clients. She is very skillful and never compromises on quality. Her principal of not compromising on quality helps her in attracting more customers toward her.
She is the mother of five children; two of them are studying while the others are young and haven’t started their education. She is very hopeful that her step of receiving a loan from Asasah will have a good impact on her husband’s business.
Note: In the photo, the lady holding a book (called Asasah Passbook) is Nasreen.
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