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Mumtaz's Group
In this Group: Mumtaz , Bushran, Asia, Sugran, Sheeman
Mumtaz is a skillful lady who lives in a city named Vehari, in Pakistan. She makes embroidered dresses and sells to the cloth shops, generating income for her family. She learned this art from her mother, who conveyed the techniques to her, and this is the result—that she can complete an embroidered dress very easily.


Her husband's name is M. R., and he is an electrician but sells electric supplies as well. He has his own electric shop in the market. For the purpose of diversifying his business, Mumtaz is requesting a loan so he can buy the required items (wires, tube lights, and switches).

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
  • 220
    View loans »
    Pakistan Loans Fundraising
  • $14,184,125
    Funds lent in using Kiva
  • 83.9
    Pakistan Rupees (PKR) = $1 USD

Success!! The loan was 100% repaid

A portion of Mumtaz's Group's $1,275 loan helped a member to purchase electric supplies to sell.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 26, 2010
Listed
Mar 26, 2010
Currency Exchange Loss:
Possible
Ended:
Mar 15, 2011