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Shameem Iqbal Masih's Group
In this Group: Shameem , Razia, Asia, Yasmeen, Asia
Shameem lives in the city of Faisalabad which is Pakistan’s third largest city and famous for its textile industry. She is 42 years old, married to I. M.. Her husband has a business selling fruit. He puts the fruit on his four-wheeled cart every day and goes from street to street to sell them. He makes about 300-400 PKRs per day from his fruit selling business which is not sufficient to fulfill the needs of the family.

Shameem is a housewife. She plays the role of a mother and a wife very well. She has given birth to two daughters and a son. Both her daughters work in people’s homes earning a small income. They do different kinds of household work like washing clothes and washing dishes. They work to contribute to their family financially. Her son is 17 years old and doesn’t currently work.

Shameem has applied for a loan from Kiva's partner, Asasah, for her husband’s business. With the loan amount, her husband will buy some fresh seasonal fruits to re-sell. Shameem is hopeful that by investing the loan amount in her husband’s business, his income will grow through increasing sales. She is a regular borrower from Asasah and this is her third loan application. With her previous loans, she has proved to be a responsible person who has paid her installments on time and has never missed a meeting.

Note: In the photo, Shameem is the lady who is raising her hand.

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
  • 142
    View loans »
    Pakistan Loans Fundraising
  • $13,462,325
    Funds lent in using Kiva
  • 86.2
    Pakistan Rupees (PKR) = $1 USD

Success!! The loan was 100% repaid

A portion of Shameem Iqbal Masih's Group's $875 loan helped a member to buy fresh seasonal fruits for resale.
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