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Naseem Akhtar's Group
In this Group: Naseem Akhtar, Bashiran, Yasmeen, Shamim Akhtar, Muniran
Naseem akhtar lives with her family in the city of Borewala, Pakistan. She is a 43-year-old housewife who spend most of her time taking care of her home and four children. One of her three sons has a mobile phone shop where he sells used handsets, and another is an electrician. The remaining two are getting their education. Naseem akhtar has applied for a loan from Asasah for her son who wants to stock a broader range of mobile phones in his shop. The mobile phone business is a profitable one in Pakistan and he not only sells them but also repairs them. Naseem hopes that by adding more choice of mobile phones in his shop he can earn more income and enhance the standard of living of her family.

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
  • 142
    View loans »
    Pakistan Loans Fundraising
  • $13,320,225
    Funds lent in using Kiva
  • 85.4
    Pakistan Rupees (PKR) = $1 USD

Success!! The loan was 100% repaid

A portion of Naseem Akhtar's Group's $1,075 loan helped a member purchase mobile phones to sell.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 20, 2010
Listed
Jul 22, 2010
Currency Exchange Loss:
Possible
Ended:
Jul 15, 2011