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Rukhsana Akbar Ali Group
In this Group: Rukhsana, Zeb-Un-Nisa , Mukhtaran , Sakina
Rukhsana baji is twenty-nine years old and has lived in Lahore, Pakistan for the last eight years. Her husband, A. A., sells construction supplies. He has three years of experience in this business. Rukhsana baji is the mother of two daughters. Both of her daughters are in kindergarten. Rukhsana baji is applying for a loan to buy more construction supplies, such as cement and sand, to help her husband’s business.

She is the group leader of three other women from her locality. Zeb-un-nisa baji wants a loan to buy supplies (books, pencils and notebooks) for her book shop. Mukhtaran baji wants a loan to buy a donkey cart for loading. Sakina baji wants a loan to repair her husband’s auto-rickshaw (a local three-wheeled motor vehicle).

This is a group loan. The loan funds will be distributed among the group members, each of whom will invest in her own business. The members mutually guarantee one another's loans. If one member does not repay, the other members are responsible.

Additional Information

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.

About Pakistan

  • $3,004
    Average annual income
  • 221
    View loans »
    Pakistan Loans Fundraising
  • $13,670,825
    Funds lent in using Kiva
  • 80.1
    Pakistan Rupees (PKR) = $1 USD

Success!! The loan was 100% repaid

A portion of Rukhsana Akbar Ali Group's $850 loan helped a member to buy construction supplies to sell.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Apr 8, 2009
Listed
Apr 7, 2009
Currency Exchange Loss:
Covered
Ended:
May 18, 2010