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Ramzana's Group
In this Group: Ramzana , Tasleem
Ramzana is the wife of M. A. and resides in a city called Vehari in Pakistan. She is an uneducated lady, who couldn’t get an education due to the poor financial conditions of her family. She owns a small house with two rooms in an area of Vehari known as Liaqat Park.

Her husband operates a business selling medicines. He supplies medicines to different medical stores and to clinics as well. He has seven years of experience in this business.

Ramzana also helps him financially by operating a domestic-sewing business. She does this work to share the financial burden with her husband.
She is applying for a loan from Asasah to invest the loan amount in her husband’s business. With the loan amount her husband will be able to buy medicines in bulk and earn a good profit on them.

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
  • 241
    View loans »
    Pakistan Loans Fundraising
  • $14,499,975
    Funds lent in using Kiva
  • 85.5
    Pakistan Rupees (PKR) = $1 USD

Success!! The loan was 100% repaid

A portion of Ramzana's Group's $475 loan helped a member purchase medicines in bulk to resell.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 6, 2010
Listed
Jul 7, 2010
Currency Exchange Loss:
Possible
Ended:
Jul 15, 2011