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Sajida Parveen's Group
In this Group: Sajida Parveen , Naseem , Noreen, Saeeda Parveen, Noreen
Sajida Parveen is a 55-year-old married woman with one son. Her family live in a two-roomed brick house in the city of Multan, Pakistan, famous for its shrines and sweetmeats. She has lived there for the past 29 years.

For over 15 years, Sajida Parveen has run a business selling embroidered cloth. Her customers are from different cities such as Lahore, Islamabad and Faisalabad. She receives good orders from her customers and earns a good profit from them.

Her husband, H. N., is a motor mechanic. Together, their earnings help them to manage their family's financial expenses. Sajida Parveen is applying for a loan for the first time from Kiva partner, Asasah (a microfinance institution in Pakistan), to purchase more embroidered cloth to complete her customer orders.

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
  • 179
    View loans »
    Pakistan Loans Fundraising
  • $13,079,825
    Funds lent in using Kiva
  • 83.9
    Pakistan Rupees (PKR) = $1 USD

Success!! The loan was 100% repaid

A portion of Sajida Parveen's Group's $1,000 loan helped a member to purchase embroidered cloth for completing orders.
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