Besides her job, she also performs her household tasks very well. She has given birth to two sons and two daughters. All of them are enrolled in local school and getting their education.
She has applied for a loan from KIVA partner Asasah for her brother who also lives with her and operates an animal selling and livestock business. With the loan investment, he will buy goats and sheep and will sell at a profit after raising them. He is very experienced in his business and has been operating it for the past many years. Naseem is confident that her brother will make good use of the loan money and will gain maximum profits by utilizing it in a professional manner.
Note: In the photo, the lady holding a book (called Asasah Passbook) is Naseem.
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