Check out some available loans that are similar to this one!
Razia's Group
In this Group: Razia , Naseem, Zeenat, Fozia
Razia is married to M. S. and lives in Lahore, Pakistan with her family. She is a housewife and carries out her responsibilities as a housewife and a mother very well. Her husband operates a breakfast stall in the market. He sells a Punjabi traditional food called Naan Chaney, which is a very famous food, particularly among the people of Lahore. He has been selling this traditional food for the last nine years. After the nine-year-struggle, he is now being rewarded with many customers and a good amount of earnings. Razia also helps him prepare food so he serves his customers in the morning without any delay.

He now wants to introduce another Punjabi dish called “Biryani” (rice with meat, egg or vegetables and spices), which is also popular with the people of Lahore. Therefore, Razia has applied for a loan from Asasah for her husband’s food stall. With the loan, he will buy items such as “rice, spices, cooking oil and other necessary items” in bulk and will introduce a Biryani dish to his customers. She hopes that her husband will be able to achieve his plan and increase his monthly income.

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
  • 201
    View loans »
    Pakistan Loans Fundraising
  • $13,658,475
    Funds lent in using Kiva
  • 85.3
    Pakistan Rupees (PKR) = $1 USD

Success!! The loan was 100% repaid

A portion of Razia's Group's $625 loan helped a member to purchase necessary items to make food for sale.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 20, 2010
Listed
Jul 26, 2010
Currency Exchange Loss:
Possible
Ended:
Jul 15, 2011