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Zubaida's Group
In this Group: Zubaida, Sajida, Nasreen, Zainab, Iffat Parveen
Zubaida, a resident of Lahore, Pakistan, famous for its historical places and its Punjabi foods. She is a widow and the mother of four sons. Her elder son has a food stand in the main market. Her second son operates a utensils selling business. The other two sons are drivers and operate rickshaws (local three-wheeled motor vehicle).

She is a very practical lady. After the death of her husband, she made herself strong and took care of her sons, helping to establish them in their businesses by working as a seamstress. She has been doing this work for over twenty years. Now her sons want her to rest. The family is very happy and supportive for each other.

Zubaida has successfully repaid three loans to Asasah and is now applying for the fourth time to invest capital in her elder son’s business so that he can purchase spices, rice, lentils and cooking oi to expand his food stand.

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
  • 233
    View loans »
    Pakistan Loans Fundraising
  • $13,718,875
    Funds lent in using Kiva
  • 84.5
    Pakistan Rupees (PKR) = $1 USD

Success!! The loan was 100% repaid

A portion of Zubaida's Group's $1,025 loan helped a member purchase additional supplies of food for his food stand.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 13, 2010
Listed
May 19, 2010
Currency Exchange Loss:
Possible
Ended:
May 15, 2011