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Razia's Group
In this Group: Razia , Siddiqa, Bashiran
Razia is a wife of M. A. and resides in a city called Kot Radha Kishan in Pakistan. Kot Radha Kishan is a city famous for dairy business.
Her husband runs a grocery shop in the nearby market. He has been in this business for over three years. Earlier, his shop was the only shop who dealt with groceries, but now he is facing two more grocery shops in front of him, which can affect his selling. That’s why Razia has applied for a loan from Asasah, so her husband put the groceries in his shop and able to fulfill the demands of his customers on their asking.

Razia owns a small house of two rooms and is living in it with her family. She is a caring lady and carries out her responsibilities of a housewife effectively. She is hopeful that this investment will bring the positive change to her husband’s business and he will be able to better manage the clientele base.

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
  • 112
    View loans »
    Pakistan Loans Fundraising
  • $13,297,575
    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 $725 loan helped a member purchase groceries for grocery shop.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 16, 2010
Listed
Aug 22, 2010
Currency Exchange Loss:
Possible
Ended:
Aug 15, 2011