100%

funded

Total loan: $825

Shahnaz's Group

Pakpattan, Punjab, Pakistan / Food

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A loan helped To buy cold drinks and juices.


Shahnaz's Group's story

Shahnaz is married to J. and resides in Pakpattan, Pakistan, which is famous for its agricultural industry. She has been a part of this city for over 10 years. Her husband operates a cold drink corner in the market where he sells cold drinks and juices like pepsi, coca-cola, etc. He started this business a few years ago, and it has proved to be a profitable one for him. Shahnaz has given birth to a daughter and 3 sons. All of them are enrolled in a local school and are getting their education, except the youngest one who is just 5 years old and has not started to attend school. Shahnaz herself is a housewife, and prefers to stay at home and do her household responsibilities. She has applied for a loan from Kiva partner Asasah for her husband’s business. With the loan, he will buy more cold drinks and juices to help him increase sales and provide timely fulfillment of the needs of his customers. He has been doing this business for over 10 years and Shahnaz is confident that after this loan investment her husband’s business will grow further, making him even more money every month. She is a regular loan user of Asasah and this is her 4th loan application. She is a responsible client who always paid her installments on time and attended every meeting. This is a group loan. While each member of the group receives an individual loan, they are all collectively responsible for paying back the loans of their fellow group members if someone is delinquent or defaults.