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Zahida Parveen's Group
In this Group: Zahida Parveen, Humaira, Zubaida, Nusrat Bano
Zahida parveen is a 33 year old woman and resides in Lahore in Pakistan. Lahore is famous for its historical places and its Punjabi foods. She is a seamstress and offers her services in the community. She sews clothes for her neighbors and earns a good income. Her customers are very happy with her. She utilizes her income to pay for the utilities expenses.

She is a mother of five children: one son and four daughters. All of her children are enrolled in school and are getting an education. Her husband's name is S. A., and he has a ready made garment sales business. He purchases the garments from different cities (Multan and Faisalabad) because of cheap prices and good quality. He has been in this business for over 12 years.

Zahida has successfully repaid her first loan to Asasah (a microfinance institute in Pakistan). Now she is applying again for a loan to purchase more ready made garments to expand her husband’s business. She belongs to a group of four members.

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
  • 251
    View loans »
    Pakistan Loans Fundraising
  • $14,728,150
    Funds lent in using Kiva
  • 83.9
    Pakistan Rupees (PKR) = $1 USD

Success!! The loan was 100% repaid

A portion of Zahida Parveen's Group's $850 loan helped a member to purchase ready made garments to sell.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Apr 20, 2010
Listed
Apr 16, 2010
Currency Exchange Loss:
Possible
Ended:
Apr 15, 2011