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Naseem Akhtar's Group
In this Group: Naseem Akhtar, Irshad , Shaheen, Shahnaz
Naseem Akhtar is a wife of A. M. and lives in the Pakistani city of Borewala, which is famous for its shrines. She owns a small, two-roomed house where she has been living for the past 20 years.

Naseem Akhtar has three daughters, all of whom are free and do household chores. Naseem wishes to send her daughters to school so that they get a good education and have a bright future. She operates a business sewing clothes. She does this work to save money so she might be able to enrol her daughters in school.

Naseem's husband is a tailor and runs a tailoring center in the community where he specifically sews gentlemen's clothes. He has been in this profession for ten years. Naseem has successfully repaid two loans to Kiva partner, Asasah. With the profits from her loans, she bought a color television and a fridge. Now she is applying for a new loan to purchase an electric sewing machine for her husband’s tailoring center so that he can sew more clothes and increase his profit.

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
  • 229
    View loans »
    Pakistan Loans Fundraising
  • $13,733,275
    Funds lent in using Kiva
  • 84.1
    Pakistan Rupees (PKR) = $1 USD

Success!! The loan was 100% repaid

A portion of Naseem Akhtar's Group's $975 loan helped a member to purchase an electric sewing machine for her husband's business.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 11, 2010
Listed
May 13, 2010
Currency Exchange Loss:
Possible
Ended:
May 15, 2011