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Saleema's Group
In this Group: Saleema , Naseem Akhtar, Shamim Akhtar, Sajida, Gulnaz
Saleema, with hand raised, lives in the mid-sized city of Vehari, famous for its agriculture, in Pakistan. She owns a small house of two rooms in the area named 561-EB, a few kilometer outside the city, where she lives with her family. She has an embroidery business at home. She learned this art when she was very young from her mother and now makes good profits from it. She and her husband work hard to improve the financial condition of their family. Her husband's name is S. H. and he operates a grocery shop in the market where he sells daily-use items such as cooking oil, rice, and flour

Saleema has applied for a loan from Kiva partner, Asasah, for her husband’s business. With the loan, her husband will buy groceries in bulk for his shop. The bulk items will help him to compete in the market and increase his sales.

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
  • 123
    View loans »
    Pakistan Loans Fundraising
  • $13,311,575
    Funds lent in using Kiva
  • 86.2
    Pakistan Rupees (PKR) = $1 USD

Success!! The loan was 100% repaid

A portion of Saleema's Group's $875 loan helped a member to buy groceries in bulk for grocery shop.
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