Check out some available loans that are similar to this one!
Lubna Qaiser Aleem Qureshi Group
In this Group: Lubna , Alia Naz, Tahmina , Shabnam
Alia naz baji wants a loan to buy groceries for her grocery shop. Tahmina baji wants a loan to buy cosmetics to sell.
Shabnam baji wants a loan to buy a lath machine.


Lubna baji has been a citizen of a city named Multan, Pakistan for the past 10 years. Multan city is famous for its shrines. She is the group leader of these ladies mentioned above. Lubna baji is a very hardworking and responsible lady. She runs her own boutique in the community to share the financial burden of her husband. In the boutique she displays her handmade collection of stitched & embroidered dresses. People like her collection so much and give her orders. She is applying for a loan to buy materials (beads, clothes and colored thread) to complete the order of her customer and to increase the profit of her boutique.


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.


Note: "Grocery shop belongs to Alia naz baji".

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

  • $4,700
    Average annual income
  • 253
    View loans »
    Pakistan Loans Fundraising
  • $14,728,150
    Funds lent in using Kiva
  • 80.2
    Pakistan Rupees (PKR) = $1 USD

Success!! The loan was 100% repaid

A portion of Lubna Qaiser Aleem Qureshi Group's $750 loan helped a member to increase the profit of her boutique.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 20, 2009
Listed
Jun 1, 2009
Currency Exchange Loss:
Covered
Ended:
Jun 18, 2010