Check out some available loans that are similar to this one!
Ruqaiya Parveen's Group
In this Group: Ruqaiya Parveen , Parveen, Nazia, Sardaran
Ruqaiya parveen is from Borewala, a city famous for its shrines in Pakistan. She is the mother of four children: two boys and two girls. Besides her youngest son who is just two years old, the other kids are enrolled in a school and are getting an education.

Her husband's name is M. I. and he is a trained cook. He sells Punjabi foods such as (Dahi Bhalay and Daal Chawal) in the main market. He began selling these products in 2005.

Ruqaiya is asking for a loan from Asasah (a microfinance institute in Pakistan) to purchase cooking oil, spices, lentils and rice. This loan will help grow her husband’s food business and keep his customers satisfied.

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
  • 241
    View loans »
    Pakistan Loans Fundraising
  • $14,499,975
    Funds lent in using Kiva
  • 83.9
    Pakistan Rupees (PKR) = $1 USD

Success!! The loan was 100% repaid

A portion of Ruqaiya Parveen's Group's $975 loan helped a member buy food items to cook and 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