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Nasreen Akhtar Muhammad Ayub Group
In this Group: Nasreen Akhtar , Tahmina , Parveen , Sakina
"My name is Nasreen akhtar and I am a citizen of a city named Borewala, Pakistan for the past 10 years. Borewala city is famous for its shrines. My husband's name is M. A. and he is involved in animal husbandry. He feeds buffalos and sells them. He has been in this business for over 6 years. I also help him by taking care of his animals. I am applying for a loan to advance his business."


She is the group leader of three other women from her locality. Tahmina baji wants a loan to buy fruits for her fruit selling business. Parveen baji wants a loan to buy bicycles for her rented bicycles business. Sakina baji wants a loan to buy cosmetics 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.

Note: “Nasreen baji is standing with her granddaughter in this picture”.

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
  • 167
    View loans »
    Pakistan Loans Fundraising
  • $13,425,575
    Funds lent in using Kiva
  • 81.5
    Pakistan Rupees (PKR) = $1 USD

Success!! The loan was 100% repaid

A portion of Nasreen Akhtar Muhammad Ayub Group's $1,000 loan helped a member to buy buffalo to sell.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Jul 7, 2009
Listed
Jul 3, 2009
Currency Exchange Loss:
Covered
Ended:
Jul 15, 2010