Check out some available loans that are similar to this one!
Naseem Akhter's Group
In this Group: Naseem Akhter , Razia, Riffat, Parveen, Naseem, Zarina
Naseem Akhter lives in Faisalabad which is an industrial city in Pakistan. She has been living in a two-room brick house with her family in the Malikpur housing colony for five years. Naseem is a 47-year-old housewife who spends most of her time staying at home and doing her household works. She is married to N. A. who runs a barber shop in the market. He is very famous among his clients and people prefer his services because of his ability to do different kind of haircuts. Naseem has given birth to two sons and a daughter. Her elder son and daughter are working in a textile mill and her youngest son is studying in 7th standard.

Naseem has applied for a loan from Kiva's partner, Asasah, for her husband's business. With the loan, her husband will buy scissors, hair creams, gels and hair colors. Naseem is hopeful that with his 25 years of experience in this business, her husband will successfully improve his business and increase his income as well.

Naseem is a regular loan user of Asasah and this is her third loan application. In previous loan years, she has proved herself as a responsible client who never misses any meeting and pays installments on time.

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

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
  • 217
    View loans »
    Pakistan Loans Fundraising
  • $13,684,800
    Funds lent in using Kiva
  • 85.8
    Pakistan Rupees (PKR) = $1 USD

Success!! The loan was 100% repaid

A portion of Naseem Akhter's Group's $1,100 loan helped a member to buy items for a barber shop.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 6, 2010
Listed
Oct 20, 2010
Currency Exchange Loss:
Possible
Ended:
Oct 15, 2011