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Naseem Akhtar's Group
In this Group: Naseem Akhtar, Kaniz Fatima, Razia Bibi, Shahnaz , Shakoor
N. A. is an active citizen of a city named Borewala, famous for its shrines in Pakistan. Her husband, M. Altaf, has been an animal seller for the past 15 years, having acquired his knowledge from his father, who was in the same profession. He receives orders mainly from the butcher shops whose owners realize that to compromise on quality would mean a loss of customers. The shop owners deal with M. because they have full confidence in him. Therefore, N. is applying for a loan to expand her husband's animal-selling 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
  • 158
    View loans »
    Pakistan Loans Fundraising
  • $13,432,675
    Funds lent in using Kiva
  • 84.1
    Pakistan Rupees (PKR) = $1 USD

Success!! The loan was 100% repaid

A portion of Naseem Akhtar's Group's $1,025 loan helped a member to buy animals to sell.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 19, 2010
Listed
Mar 25, 2010
Currency Exchange Loss:
Possible
Ended:
Mar 15, 2011