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Nazia's Group
In this Group: Nazia , Chajan, Kosar, Sakina
Nazia lives in a small city of Punjab called Kasur. Kasur city is famous in Pakistan for its leather industry. She is a 25-year-old lady who is married to A., and she has no children yet. Her husband is involved in the business of fruit-selling and has been doing this business for the last seven years. He is the only breadwinner of the family and so he has to work hard for the betterment of his family so they get the basic necessities of life and never suffer for want of little things.

That’s why Nazia has applied for a loan from Kiva partner, Asasah, for her husband’s business. With the loan amount, her husband will buy seasonal fruit in bulk quantity and improve his sales. He has a plan to start a fruit shop in the market where he can display a variety of fruits to people and improve his client base. He is hopeful that he will be able to do so with the loan profit.

Nazia is also hopeful that her husband will make good use of this money and successfully achieve his plan for the future. She is a new loan user of Asasah and this is her 1st loan application. She hopes it will be a profitable experience for her.

Note: In the picture, the lady who is raising her hand is Nazia.

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
  • 279
    View loans »
    Pakistan Loans Fundraising
  • $14,700,975
    Funds lent in using Kiva
  • 86.1
    Pakistan Rupees (PKR) = $1 USD

Success!! The loan was 100% repaid

A portion of Nazia's Group's $875 loan helped a member to buy seasonal fruit in bulk quantity for fruit-selling business.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 20, 2010
Listed
Sep 29, 2010
Currency Exchange Loss:
Possible
Ended:
Sep 15, 2011