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Rozina's Group
In this Group: Rozina, Nargis
Rozina is a very kind human being. Her husband has an electric shop where he sells electrical supplies such as wires, tube lights, and switches. His business is going well and he earns approximately Pak Rs. 15,000 every month.

Rozina has a wish to open her own beauty salon where she will be able to prepare brides for their marriages and do party make-up, too. She is asking for a loan worth Pak Rs. 15,000 to pay an advance on a place and purchase cosmetics.

Another lady whose name is Nargis also needs a loan to buy a welding machine for her husband.

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
  • 153
    View loans »
    Pakistan Loans Fundraising
  • $13,288,575
    Funds lent in using Kiva
  • 84.2
    Pakistan Rupees (PKR) = $1 USD

Success!! The loan was 100% repaid

A portion of Rozina's Group's $400 loan helped a member to make a down-payment for rent and purchase cosmetics.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 2, 2010
Listed
Mar 25, 2010
Currency Exchange Loss:
Possible
Ended:
Mar 15, 2011