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Mahran Nazir Ahmad Group
In this Group: Mahran , Zarina , Shamim Akhtar , Naziran , Kosar
Mahran baji is the wife of N. A. who has been living in Vehari, Pakistan for the last 11 years. Her husband is a loader by profession. He loads different items (e.g. construction supplies, fruits & vegetables) on carts and delivers them to the specified places. She is the mother of three kids: two daughters and one son. All of her kids are getting an education from a school located near to the house. Mahran baji is a very determined lady. She knows that her husband’s income is small but she never realized him about it. She supports him financially by selling thread. She is applying for a loan to buy a new donkey cart because the old cart is rough and rotted.

She is the group leader of four other women from her locality. Zarina baji wants a loan to buy another juicer machine for her juice corner. Shamim akhtar baji wants a loan to buy a donkey cart for loading. Naziran baji wants a loan to buy material (chairs, mirrors and scissors) for her salon. Kosar baji wants a loan to buy seasonal fruits to sell.

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
  • 153
    View loans »
    Pakistan Loans Fundraising
  • $13,079,825
    Funds lent in using Kiva
  • 80.8
    Pakistan Rupees (PKR) = $1 USD

Success!! The loan was 100% repaid

A portion of Mahran Nazir Ahmad Group's $775 loan helped a member to buy a new donkey cart.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 28, 2009
Listed
May 14, 2009
Currency Exchange Loss:
Covered
Ended:
Jun 7, 2010