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Adiba Siddique's Group
In this Group: Adiba Siddique, Mengi, Salma, Najma, Nasira Abbas
Adiba siddique has been living in Borewala, city of shrines, in Pakistan for the last 16 years with her husband and four children, who are all getting their education. Her husband is a motor mechanic, while Adiba sews clothes for her neighborhood clients in order to support her husband financially. Adiba’s husband runs a motor workshop in the market where he can repair every kind of vehicle. He started learning this art at a young age, and now he is an expert at it.

Adiba has applied for a loan from Asasah to invest the loan amount in her husband’s workshop. The amount will help him buy new repair tools for his workshop. She is hopeful that the investment in her husband’s business will make it more profitable.

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
  • 188
    View loans »
    Pakistan Loans Fundraising
  • $13,644,600
    Funds lent in using Kiva
  • 85.3
    Pakistan Rupees (PKR) = $1 USD

Success!! The loan was 100% repaid

A portion of Adiba Siddique's Group's $1,000 loan helped a member to purchase repair tools for her husband's motor workshop.
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