Check out some available loans that are similar to this one!
Sughran's Group
In this Group: Sughran , Asia, Maqsoodan, Rani, Farheen
Sughran lives with her family in Lahore which is famous for its history and culture. Lahore is the capital of Punjab province and the second largest city in Pakistan. Sughran lives in a four-room brick house with her family. She is 52 years old and has given birth to three daughters and three sons. Her three youngest children have got their education till 10th standard. The remaining three couldn’t get their education due to poor financial conditions in their family. So they started working at a young age and currently have their own businesses. Her two elder sons have a business selling spare parts and her elder daughter has opened a beauty salon at her home.

Sughran does sewing from her house. She has contracts with different boutiques and stores selling women's ready-made garments. She finishes their orders on time and earns good profit on them. Her husband is a motor mechanic. He earns a reasonable income from his technical work. His workshop is located in the nearby market and it always remains busy because people trust him so much and come to him to repair their vehicles.

Sughran has applied for a loan for the sixth time from Asasah for her husband. With the loan amount he will buy the latest repair tools for his motor workshop and increase his income. She is a very responsible member of Asasah and has always paid installments on time.

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
  • 223
    View loans »
    Pakistan Loans Fundraising
  • $13,121,575
    Funds lent in using Kiva
  • 85.6
    Pakistan Rupees (PKR) = $1 USD

Success!! The loan was 100% repaid

A portion of Sughran's Group's $1,150 loan helped a member purchase latest repair tools for motor workshop.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 17, 2010
Listed
Sep 1, 2010
Currency Exchange Loss:
Possible
Ended:
Aug 15, 2011