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Shahnaz's Group
In this Group: Shahnaz , Rubina Abbas, Latifan, Nargis, Majidan
Shahnaz is a wife of M. H. and they both are citizens of a city named Arifwala, in Pakistan. Her husband is involved in a spare parts business. He sells, specifically, motorbike spare parts, which he purchases from the city named Lahore. He has been in this profession for over 10 years. He is a mechanic also and he can repair every type of vehicle from two wheels bicycle to four wheeled motor cars.
Shahnaz is requesting a loan to buy motorbike spare parts to expand her husband’s spare parts sales 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
  • 210
    View loans »
    Pakistan Loans Fundraising
  • $14,459,275
    Funds lent in using Kiva
  • 83.9
    Pakistan Rupees (PKR) = $1 USD

Success!! The loan was 100% repaid

A portion of Shahnaz's Group's $1,200 loan helped a member to buy motorbike spare parts to sell.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 17, 2010
Listed
Mar 25, 2010
Currency Exchange Loss:
Possible
Ended:
Mar 15, 2011