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Parveen's Group
In this Group: Parveen , Sugran, Bushran, Shazia, Naziran
Parveen is an ambitious and happy-natured lady. She runs a business selling sugar cane. She supplies sugar canes to the juice corners on a daily basis, and in this way earns income. Her income helps her to run the financial unit of her house. Parveen's husband, N. M., has had a wheat-selling business for the past five years. Parveen is applying for a loan to buy wheat in bulk to expand her husband’s 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

  • $4,700
    Average annual income
  • 246
    View loans »
    Pakistan Loans Fundraising
  • $14,499,975
    Funds lent in using Kiva
  • 84.1
    Pakistan Rupees (PKR) = $1 USD

Success!! The loan was 100% repaid

A portion of Parveen's Group's $1,025 loan helped a member to buy wheat to sell.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 16, 2010
Listed
Mar 25, 2010
Currency Exchange Loss:
Possible
Ended:
Mar 15, 2011