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Nusrat Saeed Akhtar Group
In this Group: Nusrat , Shahla, Farida Begum , Naheed Akhtar, Najma
Nusrat baji is the group leader. She has a good nature, all of the group members respect her and compliment her good behavior. She is a hard working lady. She sews clothes day and night to share the financial burden of her husband. All of her members have embroidery businesses to share somehow the financial expenses of their families. Nusrat baji is married to Mr. S. A. who has a paint selling business. He has 3 years of experience in this business. Nusrat baji is applying for a loan to buy paint boxes to expand her husband’s paint selling business. Shahla baji and Farida begum baji and Naheed A. baji each want a loan to buy material (beads, colored thread and clothes) for their decorative embroidery businesses. Najma baji wants a loan to repair her tractor.

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
  • 158
    View loans »
    Pakistan Loans Fundraising
  • $13,432,675
    Funds lent in using Kiva
  • 80.9
    Pakistan Rupees (PKR) = $1 USD

Success!! The loan was 100% repaid

A portion of Nusrat Saeed Akhtar Group's $800 loan helped a member to buy paint boxes to sell.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 18, 2009
Listed
Jul 1, 2009
Currency Exchange Loss:
Covered
Ended:
Jun 16, 2010