A loan of $1,625 helped a member to buy a new welding machine.


Rashida's Group's story

Rashida is 28 years old, married with two daughters. Both of them are very young and have not started their education yet. She is a housewife, staying at home and doing her household tasks. She has good administrative abilities and manages her household expenses very well. Her husband is a welder by trade and operates a welding shop in the market. He welds and repairs iron, steel items, machinery and spare parts with the welding machine. He is known as an expert in his field and has a good number of clients who request his services regularly and pay reasonable rates. Rashida has applied for a loan from Kiva partner Asasah for her husband’s business. Through the loan, he will buy a new welding machine to be able to provide better quality welding services to his clients. His current welding machine doesn’t work well and needs a replacement. Rashida hopes that by purchasing a new welding machine her husband will be able to increase his profits which will help Rashida save some income for the school admission of her elder daughter who is of school-going age. She is very confident that her husband will successfully be able to improve the condition of his business. Rashida is a regular loan user of Asasah and this is her 2nd loan application to Asasah. In the previous loan year, she has established a good credit behavior and never missed any meeting. Note: In the photo, the lady with a book (called Asasah Passbook) is Rashida.

In this group: Rashida, Shakila Bibi , Shazia Bibi , Parveen Akhtar , Noreen Bibi , Shamman Bibi , Nasreen Bibi
*not pictured


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Loan details