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Rozi's Group
In this Group: Rozi , Dathi, Abida
Rozi is a citizen of a city called Lahore in Pakistan. Lahore city is famous for its historical places and Punjabi foods. A very talented lady, Rozi owns and operates a clothes sales business. Her clientele base is her neighbors and relatives. She used to just sell to her neighbors, but later on her relatives came to see her collection and started giving her orders.

Her husband's name is M. M., who is a driver by profession. He drives a rented rickshaw and earns an income. His business has struggled because he has to share his earnings with the owner of the rickshaw. Therefore, Rozi has applied for a loan from Asasah for her husband. With the loan amount her husband will purchase his own rickshaw, earn more income, and work with more efficiency.

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
  • 273
    View loans »
    Pakistan Loans Fundraising
  • $14,699,975
    Funds lent in using Kiva
  • 85.6
    Pakistan Rupees (PKR) = $1 USD

Success!! The loan was 100% repaid

A portion of Rozi's Group's $475 loan helped a member to purchase a rickshaw.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Jul 5, 2010
Listed
Jul 8, 2010
Currency Exchange Loss:
Possible
Ended:
Jun 15, 2011