Check out some available loans that are similar to this one!
Asia Khurram's Group
In this Group: Asia , Saima, Parveen, Shamim
Asia is a resident of Siddiq Akbar town which is a housing colony located in Faisalabad. Faisalabad is Pakistan’s third largest city and is well known for its textile industry. Her home is a small one of two rooms. She shifted there 10 years ago with her family. Asia is a 55-year-old housewife. It is difficult to work at such an old age which is why she stays at home and manages the household chores. She is the mother of three sons who work and help their father in his vegetable selling business.

Asia has applied for a loan from Kiva's partner, Asasah, for her husband’s vegetable selling business. With the loan amount, he will buy fresh seasonal vegetables to sell through his vegetable shop in the market. She is hopeful that with the loan investment her husband’s business will grow which will have a positive impact on his business and improve the family's standard of living. She is a new borrower from Asasah and this is her first loan application. She expects that it will be a good experience for her and her family as well.

Note: In the photo, Asia 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
  • 151
    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 Asia Khurram's Group's $750 loan helped a member to buy fresh seasonal vegetables for re-sale.
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