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Kosar Parveen Muhammad Ramzan Group
In this Group: Kosar Parveen , Najma Parveen , Munawar Shaheen , Fakhira , Khursheed Begum
My name is Kosar Parveen and I have owned a two-room brick house in Borewala, Pakistan for the past 10 years. Borewala is famous for its shrines. My husband, M. Ramza, runs a motorbike-rental business. Currently, he has two motorbikes. I also run a cloth-selling business to pay the utilities and to share the financial burden with my husband. My husband is very happy with me. I am applying for a loan to buy another motorbike for my husband’s business.

I’m the group leader of four other women from my area. Najma Parveen baji wants a loan to buy beams for her shuttering business. Munawar Shaheen baji wants a loan to buy timber to sell. Fakhira baji wants a loan to buy goat for her animal-selling business. Khursheed Begum baji wants a loan to buy seasonal fruit for her fruit-selling 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

  • $4,700
    Average annual income
  • 369
    View loans »
    Pakistan Loans Fundraising
  • $15,689,950
    Funds lent in using Kiva
  • 81.1
    Pakistan Rupees (PKR) = $1 USD

Success!! The loan was 100% repaid

A portion of Kosar Parveen Muhammad Ramzan Group's $1,250 loan helped a member to buy another motorbike for rental-bike business.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
May 24, 2009
Jun 1, 2009
Currency Exchange Loss:
Jun 18, 2010