Check out some available loans that are similar to this one!
Kaniz's Group
In this Group: Kaniz, Rashidan, Parveen, Maroofan, Shahnaz
Kaniz F. is a wife of M. aslam and lives in the city named Borewala (which is famous for its shrines) in Pakistan. She owns a small house of two rooms and has been living in it with her family for over 25 years. She is a very caring lady. She stays at home and does household chores. She is fond of cooking and prepares healthy food for her family.

Her husband involves in a ice blocks selling business. He places the ice blocks in his four-wheeled cart. His business grows especially in the summer season because people approaches him for purchasing ice which they used to drink chilled water.

Kaniz is applying for a loan from Asasah, to invest the capital in her husband's business. So he can purchase more ice and increases his income.

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
  • 242
    View loans »
    Pakistan Loans Fundraising
  • $14,147,575
    Funds lent in using Kiva
  • 84.2
    Pakistan Rupees (PKR) = $1 USD

Success!! The loan was 100% repaid

A portion of Kaniz's Group's $1,075 loan helped a member purchase ice blocks for selling.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 11, 2010
Listed
May 12, 2010
Currency Exchange Loss:
Possible
Ended:
May 15, 2011