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Razia Begum's Group
In this Group: Razia Begum, Kalsoom, Sajida Parveen
Razia begum lives in a small city of Vehari Pakistan. A few years ago her husband died which was very difficult for her and her family but she never gave up hope. She started selling clothes, taking orders from the big shops and the families of her community and filling them with purchases made in Faisalabad (famous for its textile industry). Her only son works in a school. He had to leave his education after the death of his father. Razia begum has applied for a loan from Asasah because she wants to buy clothes in bulk for which she needs capital. With this she will be able to take larger orders and increase her 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

  • $4,700
    Average annual income
  • 293
    View loans »
    Pakistan Loans Fundraising
  • $14,508,325
    Funds lent in using Kiva
  • 85.2
    Pakistan Rupees (PKR) = $1 USD

Success!! The loan was 100% repaid

A portion of Razia Begum's Group's $725 loan helped a member purchase clothes in bulk to sell.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 3, 2010
Listed
Jun 4, 2010
Currency Exchange Loss:
Possible
Ended:
May 15, 2011