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Shahnaz Kosar Abdul Sattar Group
In this Group: Shahnaz Kosar, Samina Kosar, Farzana Bano, Salma Begum
Shahnaz kosar baji has been a citizen of Yadgar in the city of Lahore, Pakistan, for the past seven years. Her husband runs a business selling construction supplies to building contractors. Shahnaz baji sews clothes for people and charges them $2 an item. She saves her money in a committee for rainy days. Shahnaz baji is applying for a loan to buy construction supplies to increase her husband's profit.

Samina kosar baji wants a loan to buy an auto-rickshaw (a local three-wheeled motor vehicle).

Farzana bano baji wants a loan to buy calling cards to sell.

Salma begum baji wants a loan to buy beams for her shuttering business.

About group loans
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
  • 279
    View loans »
    Pakistan Loans Fundraising
  • $14,699,975
    Funds lent in using Kiva
  • 80.2
    Pakistan Rupees (PKR) = $1 USD

Success!! The loan was 100% repaid

A portion of Shahnaz Kosar Abdul Sattar Group's $875 loan helped a member to buy construction supplies to sell.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 16, 2009
Listed
Jul 1, 2009
Currency Exchange Loss:
Covered
Ended:
Jun 16, 2010