Friday, August 20, 2010

Kiva, round 3

With our first Kiva loan already 100% paid back, and our second one 50% paid back, it's time for us to do it again.

In this Group:
Tasleem Muhammad Qasim, Mujahid Parveen Muhammad Yameen
Location: Multan, Pakistan
Activity: Recycling

Tasleem is the resident of Multan City. She moved there after her marriage. Her home is a small one with three rooms where she lives with her husband and six children. Her husband is 58 years old and has a scrap business in the local market. He works 10-12 hours per day to earn income for his family. Tasleem’s children could not complete their education and had to start working with their father to financially support the family. Her eldest son has his own business which he started two years ago by receiving his first loan from Asasah.
Tasleem is a housewife as well as an embroidery artist. She makes beautiful embroidered clothes on order for her neighborhood clients.
She has applied for a loan from Asasah for her husband who wants to expand his scrap business. With the loan, he will buy scrap to sell at his shop. He has five years' experience in this business and he is sure that he can improve his financial condition with the help of an investment. Tasleem is in her third loan cycle. She has proved to be a very responsible loan user and always attends meetings on time.


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