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Saeeda's Group
In this Group: Saeeda , Allah Rakhi, Nooran, Parveen, Kanzan
Saeeda is the resident of Borewala, which is a small city in Pakistan known for its shrines.
Saeeda is a 39 year old, uneducated lady. She loved getting an education when she was young but, unfortunately, her parents couldn’t fulfill her wish due to their poor financial condition.

Saeeda got married at the age of 20 and has given birth to four children. Her elder son runs a small bakery in the market where he sells ready-made baked items such as breads, biscuits and cakes on order. She has applied for a loan from Kiva partner, Asasah, for her son’s business. With the loan amount her son will buy bread, biscuits and cakes in bulk quantities for his bakery.

Saeeda is very supportive person and she is always ready to help her family in improving their living standards. She hopes that her son will get good profits from his business by making an investment towards it.

Note: “In the picture, the lady who is raising her hand is Saeeda”.

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
  • 271
    View loans »
    Pakistan Loans Fundraising
  • $14,714,900
    Funds lent in using Kiva
  • 86.0
    Pakistan Rupees (PKR) = $1 USD

Success!! The loan was 100% repaid

A portion of Saeeda's Group's $1,050 loan helped a member to buy bakery items for reselling.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 15, 2010
Listed
Sep 27, 2010
Currency Exchange Loss:
Possible
Ended:
Sep 15, 2011