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Salma's Group
In this Group: Salma , Nasreen Akhtar, Jannat, Suraiya
Salma is the wife of A. L. and lives in the mid-sized city of Vehari in Pakistan. She owns a two-roomed brick house in which she has lived with her family for the past 22 years. She has nine children – four daughters and five sons. Her first three sons work in different barber shops for a monthly wage. The others are enrolled in a local school. Her husband owns and operates a tea stall in the food market where he also serves his customers with food items (biscuits and chips). He has been in this business for over five years.

Salma is a very skillful lady. She operates an embroidery business. She collects order from clothes shops and earns a profit after completing each embroidered dress. She uses her income to pay for utilities, but she also saves part of her income for her elder son's marriage, which will be held in December this year.

Salma has successfully repaid her first loan to Kiva partner, Asasah (a microfinance institution of Pakistan). Now she is requesting another loan for her husband to purchase items for his business such as milk, sugar, tea cups etc. in order to generate a good profit.

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
  • 184
    View loans »
    Pakistan Loans Fundraising
  • $13,654,625
    Funds lent in using Kiva
  • 83.9
    Pakistan Rupees (PKR) = $1 USD

Success!! The loan was 100% repaid

A portion of Salma's Group's $975 loan helped a member to buy items for tea stall such as milk, sugar, teacups etc.
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