Check out some available loans that are similar to this one!
Rasheeda Begum's Group
In this Group: Rasheeda Begum, Mumtaz Mai, Irshad Begum , Asfa, Parveen
Rasheeda begum does embroidery work to support her family financially. She lives in Multan where the cost of living is very high.

Rasheeda makes embroidered dresses to order and earns a good profit on the completion of each dress. The profit gives her courage to move her business forward towards success. Earlier, she received orders from her relatives but now her work is acknowledged by her neighbors as well. She earns 500 PKR profit on each dress, which helps her to pay for the utilities.

Rasheeda has applied for a loan from Asasah to buy embroidery material such as clothes, beads and thread in bulk. The material in bulk will help her to make more embroidered dresses and improve her chances of making more sales and 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

  • $3,004
    Average annual income
  • 193
    View loans »
    Pakistan Loans Fundraising
  • $13,521,725
    Funds lent in using Kiva
  • 85.4
    Pakistan Rupees (PKR) = $1 USD

Success!! The loan was 100% repaid

A portion of Rasheeda Begum's Group's $850 loan helped a member to purchase embroidery material in bulk to make more embroidered dresses.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 15, 2010
Listed
Jun 17, 2010
Currency Exchange Loss:
Possible
Ended:
Jun 15, 2011