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Rehana M.akbar Group
In this Group: Rehana, Amna , Khadija , Riffat , Zakia
Rehana baji has lived in a city named Borewala, Pakistan for the past 15 years. Her husband's name is M.; he runs a garment business. He sells both ladies & gentlemen's garments. He has 5 years of experience in this business. Rehana baji is the mother of three daughters. All of her daughters are enrolled in a local school. She prepares embroidered dresses on order and from this income she pays the school fees of her daughters. She successfully repaid her two loans from Asasah (a microfinance institute of Pakistan). Now she is applying again for a loan to buy garments to increase the profit of her husband.


She is the group leader of four other women from her locality. Amna baji wants a loan to buy iron for making iron rods to sell. Khadija baji wants a loan to buy jewelry to sell. Riffat baji wants a loan to buy an auto-rickshaw (a local three-wheeled motor vehicle). Zakia baji wants a loan to buy paint brushes for her paint business.


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
  • 130
    View loans »
    Pakistan Loans Fundraising
  • $13,074,775
    Funds lent in using Kiva
  • 80.4
    Pakistan Rupees (PKR) = $1 USD

Success!! The loan was 100% repaid

A portion of Rehana M.akbar Group's $1,075 loan helped a member to buy garments for resale.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 30, 2009
Listed
May 11, 2009
Currency Exchange Loss:
Covered
Ended:
Jun 4, 2010