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Nargis' Group
In this Group: Nargis , Sugran, Parveen, Parveen Akhtar, Suraiya
Nargis is 34-year-old young woman. She lives in a small house of two rooms and has been living in it with her family for over 25 years.


She is a mother of five children: two sons and three daughters. Her elder son goes to school for education. She wishes to send all of her children to school but unfortunately due to little resources she couldn’t complete her wish.


Her husband is A. R. and he runs his grocery shop. His shop is located in the busiest market and due to this he faced competition with other grocery shops.


Nargis is applying for a loan from Asasah to invest capital in her husband’s grocery shop so he can maintain his customers and complete their needs on time.


She hopes to get good profit from this loan and then she will be able to enroll her other kids into school too.

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
  • 177
    View loans »
    Pakistan Loans Fundraising
  • $13,083,375
    Funds lent in using Kiva
  • 84.3
    Pakistan Rupees (PKR) = $1 USD

Success!! The loan was 100% repaid

A portion of Nargis' Group's $1,200 loan helped a member to purchase groceries for grocery shop.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
May 10, 2010
Listed
May 9, 2010
Currency Exchange Loss:
Possible
Ended:
May 15, 2011