Check out some available loans that are similar to this one!
Rasoolan Abdul Khaliq Group
In this Group: Rasoolan , Bilquis , Mahmood Begum , Parveen Akhtar , Shahnaz
Rasoolan baji is married to A. K., and they have lived in the city of Arifwala, Pakistan, for the past fifteen years. Her husband is a painter by profession and paints people’s houses. He also sells paint boxes to shops. He has eight years of experience in this business. Rasoolan baji is applying for a loan to buy paint boxes and tools for her husband so that he is able to grow his business. Rasoolan baji is the group leader of four other women from her locality.


Bilquis baji wants a loan to buy seasonal fruits to sell.

Mahmood begum baji wants a loan to buy paint boxes to sell.

Parveen akhtar baji wants a loan to buy groceries for her grocery shop.

Shahnaz baji wants a loan to buy a lathe machine.


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: Rasoolan baji is seated on a chair in this photo.

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
  • 219
    View loans »
    Pakistan Loans Fundraising
  • $13,121,575
    Funds lent in using Kiva
  • 82.1
    Pakistan Rupees (PKR) = $1 USD

Success!! The loan was 100% repaid

A portion of Rasoolan Abdul Khaliq Group's $900 loan helped a member to buy paint boxes and tools.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 16, 2009
Listed
Jul 20, 2009
Currency Exchange Loss:
Covered
Ended:
Jul 15, 2010