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Surriya's Group
In this Group: Surriya , Ammer Nusrat, Khursheed Begum, Naseem Mai, Najma Begum
Surriya sells shawls in order to increase her family's financial comfort. She has applied for a loan from Asasah (a microfinance institute in Pakistan) to expand her business selling shawls (a fabric square worn by women over the shoulders or head).


She lives in the city of Multan, which is famous in Pakistan for its sweetmeats and holy places. She owns a small house of two rooms, and has been living in it with her family for over twenty years.


Surriya is a very talented lady and is an expert in her work. She sells embroided and colored shawls to her customers. Her selection of shawls attracts her customers to her business. Multan is famous for its "saint places". To maintain the legacy, women wear shawls to cover their heads as a sign of respect and men also wear scarves on their heads.


With the loan, Surriya will buy the shawls in bulk. She is hopeful that she can greatly increase her income which will help her family have a better financial life.

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
  • 148
    View loans »
    Pakistan Loans Fundraising
  • $13,470,225
    Funds lent in using Kiva
  • 85.2
    Pakistan Rupees (PKR) = $1 USD

Success!! The loan was 100% repaid

A portion of Surriya's Group's $800 loan helped a member to purchase shawls in bulk for resale.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 1, 2010
Listed
Jun 18, 2010
Currency Exchange Loss:
Possible
Ended:
May 15, 2011