Ittefaq supports her husband by sewing clothes. She loves her profession and works with a great level of dedication. Her customers are very happy with her quality of work and give her regular orders.
She has given birth to three daughters and two sons. Except for her eldest daughter, all of her children are enrolled in local school and getting their education.
She has applied for a loan from Kiva partner Asasah for her husband’s business. With the loan investment, he will buy candies and toffees in larger quantity that will allow him to fulfill the client orders on time and increase his income.
Ittefaq has a lot of confidence in her husband. She hopes that her family’s living standard will be improved as a result of the loan investment.
Note: "In the photo, the lady holding a book (called Asasah Passbook) is Ittefaq."
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