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Shamim Begum's Group
In this Group: Shamim Begum, Nagina, Shah, Noreen , Yasmeen
Shamim Begum is a wife of A. D.. They reside in a city in Pakistan called Multan, which is famous for its history and warm weather. Her husband is involved in the boutique business. He displays his handmade dresses with different designs in his boutique. To complete the dresses, Shamim also supports him so he is able to display new designs of clothes and attract more customers.

He started this business a few years ago from savings and started earning well. Basically, his boutique is placed in a market that is always filled with heavy crowds and being a part of that place, he has to keep his boutique up-to-date with the latest fashions in clothes.

Therefore, Shamim has applied for a loan from Asasah for her husband’s boutique. With the loan amount, he will buy items such as cloth, beads, laces and tassels in bulk, which will enable him to make more dresses to display in his boutique.

She is very much hopeful that this investment will prove best for her husband’s business. He will be able to generate good profit on it and improve the living standard of the 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

  • $4,700
    Average annual income
  • 274
    View loans »
    Pakistan Loans Fundraising
  • $14,699,975
    Funds lent in using Kiva
  • 85.6
    Pakistan Rupees (PKR) = $1 USD

Success!! The loan was 100% repaid

A portion of Shamim Begum's Group's $975 loan helped a member purchase the required items in bulk for boutique business.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 10, 2010
Listed
Aug 17, 2010
Currency Exchange Loss:
Possible
Ended:
Aug 15, 2011