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Samina Parveen's Group
In this Group: Samina Parveen , Nadia, Samia, Rehana, Kalsoom
Samina Parveen fills orders from her neighborhood for her embroidery business to earn an income. She lives in Multan, a city of shrines and sweetmeats in Pakistan. She has applied for a loan from Asasah (a microfinance institute in Pakistan) for her embroidery business.


She is a very skillful woman and keeps herself up-to-date with the new embroidery fashions. Fortunately, her creativity helps her to make new designs in her mind and try to realize them on the clothes. She says that she is blissful by the grace of God that He has caused her to be born with this talent.


Her customers admire her work and give good orders to her. She works hard to manage the orders on time. More than that, she loves her work because it has given her a good business which continues to improve her financial situation.


With the loan she will buy embroidery materials such as clothes, colored thread and beads in bulk which will help her fulfill larger orders in time.

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
  • 278
    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 Samina Parveen's Group's $850 loan helped a member to purchase embroidery materials for her embroidery business.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 8, 2010
Listed
Jun 18, 2010
Currency Exchange Loss:
Possible
Ended:
Jun 15, 2011