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Zakia's Group
In this Group: Zakia , Kosar, Ishrat, Sharifan, Shamim Akhtar, Nazra
Zakia (pictured with her hand raised) lives in a small city called Kasur, which is located in Punjab, Pakistan. She is 41 years old and lives in a 2-room brick house with her husband and children. She is the mother of 4 sons and a daughter. Her 2 eldest sons are loaders by trade, and help their father in his loading business, which provides transport facilities to its clients for delivering items to their designated places. Her third son has a leather selling business in the local market, and her remaining children are getting their education from a local school in Kasur.

Zakia has applied for a loan from Kiva partner Asasah for her husband’s loading business. He will use the money to buy new tires to replace the old ones on his truck, which are almost worn out, making it difficult for him to drive the truck and deliver goods. Zakia is hopeful that after buying the new tires her husband will be able to work better and provide better transport facilities to his clients. She is a regular loan user of Asasah and this is her 5th loan application. In previous loan years she has maintained good credit and never missed any meetings.

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
  • 155
    View loans »
    Pakistan Loans Fundraising
  • $13,425,575
    Funds lent in using Kiva
  • 86.1
    Pakistan Rupees (PKR) = $1 USD

Success!! The loan was 100% repaid

A portion of Zakia's Group's $1,350 loan helped a member to replace the tires on her husband's truck.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 15, 2010
Listed
Sep 28, 2010
Currency Exchange Loss:
Possible
Ended:
Sep 15, 2011