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Manzooran's Group
In this Group: Manzooran , Munawar Sultana, Kosar Parveen, Munaza Parveen, Rashida, Kishwar
Manzooran lives in a small city of Vehari Pakistan. She has three children who couldn’t complete their education due to a lack of financial resources. Her husband is a painter. To help support the family financially, Manzooran does domestic sewing by receiving orders from her neighbors. She earns a reasonable income from them and uses this to pay for the utilities.

She is applying for a loan for her son, who sells cosmetics products. He wants to increase the variety of products that he sells by adding more creams, lotions and other cosmetics products to sell from his cart. It will help him increase sales and hence his income will be improved which will help his family to better their living standard.

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
  • 280
    View loans »
    Pakistan Loans Fundraising
  • $14,699,975
    Funds lent in using Kiva
  • 85.2
    Pakistan Rupees (PKR) = $1 USD

Success!! The loan was 100% repaid

A portion of Manzooran's Group's $1,300 loan helped a member purchase cosmetics to sell.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 9, 2010
Listed
Jun 14, 2010
Currency Exchange Loss:
Possible
Ended:
Jun 15, 2011