Check out some available loans that are similar to this one!
Razia's Group
In this Group: Razia , Asia Begum, Ameena, Khursheed
Razia lives in Lahore, a historic city in Pakistan and the capital city of Punjab province. She has recently moved to the area named Yadgar with her husband and family. She is a fifty one year old lady who spends most of her time at her home and does her household responsibilities. She has three children. All of her children are illiterate and involved in different businesses. Her eldest son is an electrician. The middle one works in a motor-workshop and the youngest prepares embroidered dresses on order. Her husband is 60 years old and doesn’t do any work.

Razia has applied for a loan on behalf of her eldest son for his electric work. With the loan amount he will buy the latest repairing tools to provide better electricity repairing facilities for his customers. Razia is hopeful that this investment will prove beneficial for her son and that he will be able to generate a good income from it. She has a plan to marry him off next year so he will become a family man and spends his life happily. She is a regular loan user of Asasah and is in 3rd loan cycle.

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
  • 234
    View loans »
    Pakistan Loans Fundraising
  • $13,698,675
    Funds lent in using Kiva
  • 85.6
    Pakistan Rupees (PKR) = $1 USD

Success!! The loan was 100% repaid

A portion of Razia's Group's $950 loan helped a member purchase of the latest electric repairing tools.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 11, 2010
Listed
Aug 22, 2010
Currency Exchange Loss:
Possible
Ended:
Aug 15, 2011