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Nagina Parveen's Group
In this Group: Nagina Parveen, Khursheed, Hasina, Manzooran, Shahnaz
Nagina Parveen is from the city of Multan in Pakistan, famous for its shrines and sweetmeats. She is 51 years old, married, and has four children – two sons and two daughters. Her younger son works in a local factory for a monthly wage, and her daughters are involved in an embroidered clothes business. Her elder son sells plastic utensils in different areas of Multan and generates profit from this business.

Nagina Parveen is a very caring lady. She stays at home and takes care of her family. She has given her children good manners and teaches them about discipline and respecting their elders. She has successfully repaid her two previous loans to Kiva partner, Asasah (a microfinance institution in Pakistan). Now, she is applying for a loan to purchase plastic utensils, such as cups and plates, in bulk to expand her elder son's business.

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
  • 197
    View loans »
    Pakistan Loans Fundraising
  • $13,997,375
    Funds lent in using Kiva
  • 84.1
    Pakistan Rupees (PKR) = $1 USD

Success!! The loan was 100% repaid

A portion of Nagina Parveen's Group's $950 loan helped a member to purchase plastic utensils 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