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Hafeezan's Group
In this Group: Hafeezan , Nasreen, Jamila, Abida Akhtar, Shaddi
Hafeezan sells clothes and handkerchiefs to support her family financially. She is also a very good mother and housewife. She takes care of her home and children very well. She belongs to a poor family who can't educate her children. Her husband and her son operate a donkey cart and do a loading business.

Hafeezan bibi wants to improve her clothes selling business by adding more variety to her stock. For that purpose, she has applied for a loan.
She is hopeful that by taking a loan she will be in a position to further expand her business, which will grow her income and make positive changes to her family living style.

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
  • 247
    View loans »
    Pakistan Loans Fundraising
  • $14,499,975
    Funds lent in using Kiva
  • 85.2
    Pakistan Rupees (PKR) = $1 USD

Success!! The loan was 100% repaid

A portion of Hafeezan's Group's $850 loan helped a member to purchase more clothes to sells.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 8, 2010
Listed
Jun 14, 2010
Currency Exchange Loss:
Possible
Ended:
Jun 15, 2011