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Naseem's Group
In this Group: Naseem , Shazia, Khadija, Naseem, Kalsoom
Naseem, a resident of of the Pakistani city of Borewala, famous for its shrines, is the wife of I., who has operated a vegetable-selling business for over 25 years. Purchasing his produce from the vegetable market, he sells it to various places from his cart. Naseem supports him by operating her clothes-sewing business. They use both of their incomes to meet the financial expenses of their family. Naseen is now applying for a loan to buy seasonal vegetables in bulk so that her husband can expand his business.

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
  • 191
    View loans »
    Pakistan Loans Fundraising
  • $13,654,625
    Funds lent in using Kiva
  • 84.1
    Pakistan Rupees (PKR) = $1 USD

Success!! The loan was 100% repaid

A portion of Naseem's Group's $975 loan helped a member to buy seasonal vegetables to sell.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 18, 2010
Listed
Mar 25, 2010
Currency Exchange Loss:
Possible
Ended:
Mar 15, 2011