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Razia's Group
In this Group: Razia , Sharifan
Razia lives in a city called Borewala, which is a part of Punjab, Pakistan.

She is a housewife who stays at home, manages the household chores and takes care of her family.

Her husband's name is I. M.. He works as a driver. He drives a rickshaw that he renst. Working on a rented rickshaw is never satisfying, even after working very hard.

Razia wants to help her husband buy his own new auto rickshaw, which will not only avoid the cost of rent, but he will also be able to work for longer hours, which will earn him more money. She has applied for a loan from Asasah for this purpose.

Razia is not satisfied with her current financial situation, but she is sure that with the loan her husband will lead his family towards a better standard of living.

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
  • 252
    View loans »
    Pakistan Loans Fundraising
  • $14,499,975
    Funds lent in using Kiva
  • 85.4
    Pakistan Rupees (PKR) = $1 USD

Success!! The loan was 100% repaid

A portion of Razia's Group's $425 loan helped a member purchase a new rickshaw.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 26, 2010
Listed
Jul 27, 2010
Currency Exchange Loss:
Possible
Ended:
Jul 15, 2011