Check out some available loans that are similar to this one!
Bashiran's Group
In this Group: Bashiran , Zahida
Bashiran has been living in Lahore for the past 15 years with her husband and two children. Lahore is the second largest city in Pakistan and famous for its gardens. Bashiran is a 47 year old housewife who has raised her children with great care and responsibility, but she couldn’t educate her son due to financial problems. Her son works in an auto workshop and her daughter is studying in the 5th standard because she started studying late.
Bashiran's husband has a business of scrap which he started after shifting to Lahore city. He buys rough and rotted items, such as wasted papers, wooden cupboards and book racks, etc., and re-sells them to factories at a good profit.

Bashiran has applied for a loan from Asasah to upgrade her husband’s business. With the loan amount he will buy scrap in bulk and increase his profit.
Bashiran is hopeful that this investment will bring positive changes to her family’s financial conditions and improve the family's standard of living. She is in her 3rd loan cycle. She is a regular loan user of Asasah and has built a good credit standing. She has never missed a meeting.

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
  • 124
    View loans »
    Pakistan Loans Fundraising
  • $13,314,975
    Funds lent in using Kiva
  • 85.6
    Pakistan Rupees (PKR) = $1 USD

Success!! The loan was 100% repaid

A portion of Bashiran's Group's $500 loan helped a member to purchase scrap for scrap business.
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