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Parveen Akhtar's Group
In this Group: Parveen Akhtar , Irshad Begum, Humaira Channa, Farzana, Nasreen
Parveen akhtar is 43 years old, married and the mother of three children. They live in the city of Borewala, which is famous for its shrines. A very talented lady, Parveen is involved in a domestic-sewing business while her husband, M. akram, is a driver. To help support them financially, their elder son runs an electric supplies shop. Their younger son is in 9th standard and their daughter is in 12th standard.

The elder son, M. A., stayed in school until 10th standard and then started working. He has been in this business for the last 6 years. Parveen has applied for a loan from Asasah for her son, who will use the loan amount to buy electrical supplies such as wires, tube lights and switches in bulk and enhance his business.

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
  • 216
    View loans »
    Pakistan Loans Fundraising
  • $14,463,475
    Funds lent in using Kiva
  • 85.5
    Pakistan Rupees (PKR) = $1 USD

Success!! The loan was 100% repaid

A portion of Parveen Akhtar's Group's $1,100 loan helped a member purchase electrical supplies.
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