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Rani's Group
In this Group: Rani , Jamila, Irshad, Riffat, Zarina
Rani has applied for loan from Asasah to repair her son’s rickshaw. She lives with her family in Borewala, a city of shrines in Pakistan, where her son is a rickshaw driver. He has been in this work for the last six years. He learnt this driving skill from his father. He got his education till 8th standard and couldn’t study further because his father had no financial resources besides his meager income.

Rani started making artificial flowers a few years ago to support her family financially. She sells her flowers to gift shops and in the community as well and generates income for the family. She is very good at her art and gets regular orders. Rani will use the loan amount for repairing her son’s rickshaw.

A newly maintained rickshaw will run more smoothly and help her son to work for longer hours thus making him more money.

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
  • 232
    View loans »
    Pakistan Loans Fundraising
  • $13,718,875
    Funds lent in using Kiva
  • 85.5
    Pakistan Rupees (PKR) = $1 USD

Success!! The loan was 100% repaid

A portion of Rani's Group's $1,000 loan helped a member repair her son's rickshaw.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 15, 2010
Listed
Jun 22, 2010
Currency Exchange Loss:
Possible
Ended:
Jun 15, 2011