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Zubaida's Group
In this Group: Zubaida , Kalsoom Akhtar, Nasreen Akhtar, Simran, Bilquis
Zubaida is the wife of M. A. and lives in a city called Vehari in Pakistan. She is the mother of seven children: five sons and two daughters. Four of her children are studying in school in different classes. Her husband has a fruit selling business: he sells fruit from a cart in various locations.


Zubaida is a very kind lady. She takes care of her children, her family and her house. She has successfully repaid three loans from Asasah (a microfinance institute of Pakistan). Now she is requesting a loan for the fourth time so that her husband can buy fruit and expand his business. They are expecting a good profit from this loan and it will be helpful in improving their living standard.

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
  • 272
    View loans »
    Pakistan Loans Fundraising
  • $14,717,025
    Funds lent in using Kiva
  • 83.9
    Pakistan Rupees (PKR) = $1 USD

Success!! The loan was 100% repaid

A portion of Zubaida's Group's $1,150 loan helped a member to buy seasonal fruit to sell.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 17, 2010
Listed
Mar 26, 2010
Currency Exchange Loss:
Possible
Ended:
Mar 15, 2011