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Nagina Shamshad's Group
In this Group: Nagina Shamshad , Shahnaz
Nagina shamshad lives in a small city called Borewala in Pakistan. Borewala city is famous for its shrines. Her husband is a mason by profession. To support him financially, his three sons are also involve in the same work and in this way they maximize their earning. They had to leave their education after eighth grade and started working to financially support their family.

Nagina stays at home, manages the household chores and carries out her responsibilities as a housewife and a mother. She has applied for a loan from Asasah to financially assist her husband who will buy masonary tools with the loan. With the help of a loan, her husband will be able to do his job better.

Nagina is a third year client of Asasah. Earlier she received a loan to help her children in starting their own businesses. They are now doing well. She repaid her loans on a timely basis, without any delay and attended all the meetings with full responsibility.

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
  • 201
    View loans »
    Pakistan Loans Fundraising
  • $14,448,675
    Funds lent in using Kiva
  • 85.6
    Pakistan Rupees (PKR) = $1 USD

Success!! The loan was 100% repaid

A portion of Nagina Shamshad's Group's $375 loan helped a member purchase masonary tools.
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