She has given birth to 2 sons and a daughter. All of them are continuing their education by attending a nearby school.
She has applied for a loan from KIVA partner Asasah for further improvement of her sewing business. With the loan investment, she will buy a new sewing machine that will allow her to complete the orders in a shorter period of time and increase her profits.
She is very experienced in her work and has been operating her business for many years. She is confident that her business will become more profitable after investing the loan funds.
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