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Irshad's Group
In this Group: Irshad, Kaniz, Qamrun Nisa, Kaniz
Irshad, a resident of the mid-sized city of Riwind, Pakistan, owns a small house of two rooms and has been living in it with her family for over 15 years. She is a mother of four children: two sons and two daughters. All of them are enrolled in school and are getting an education. To give them a good education, Irshad operates a decorative embroidery business. She makes the embroidered dresses on order. She completes each dress in two days and gets a profit of Rs. 500 on each dress. She wishes to send her children to good colleges after completing their 10th standard.

Her husband's name is M. M.. He operates a sanitary business. He has a sanitary shop in the market and he sells taps, water pipes etc. He has 20 years of experience in this business. His earning helps him to meet the financial expenses of the family.

Irshad has successfully completed two loans from Asasah. With the loan profit, she bought a color television and a fridge. Now she is applying for the third time for a loan from Asasah to invest in her husband’s sanitary business so he can purchase sanitary supplies (taps and water pipes) in bulk and increase the profit from his 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

  • $4,700
    Average annual income
  • 253
    View loans »
    Pakistan Loans Fundraising
  • $14,499,975
    Funds lent in using Kiva
  • 84.5
    Pakistan Rupees (PKR) = $1 USD

Success!! The loan was 100% repaid

A portion of Irshad's Group's $1,025 loan helped a member to purchase the sanitary supplies in bulk to sell.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 18, 2010
Listed
May 19, 2010
Currency Exchange Loss:
Possible
Ended:
May 15, 2011