Check out some available loans that are similar to this one!
Parveen Akhter's Group
In this Group: Parveen Akhter, Sakina, Nasreen Akhtar, Allah Rakhi, Parveen
Parveen akhter is a widow who lost her husband a few years ago as a result of his sudden death. She is 55 years of age and lives in Borewala, Pakistan with her four sons and two daughters. Three of her sons work to support the family while only her youngest son managed to get his education until the 5th standard. Parveen sells clothes to contribute financially to her family. Selling clothes proved very helpful for her family’s financial life. She has applied for a loan from Asasah to help her elder son who sells fruit from a cart. With the loan, her son will buy fresh seasonal fruits, which will help him increase his income. Parveen is hopeful that with the help of this increased income, she will be able to marry her daughter who is 21 years of age.

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
  • 215
    View loans »
    Pakistan Loans Fundraising
  • $14,215,100
    Funds lent in using Kiva
  • 85.5
    Pakistan Rupees (PKR) = $1 USD

Success!! The loan was 100% repaid

A portion of Parveen Akhter's Group's $1,150 loan helped a member to purchase seasonal fruits.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 13, 2010
Listed
Jul 20, 2010
Currency Exchange Loss:
Possible
Ended:
Jul 15, 2011