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Rasoolan Ghulam Ali's Group
In this Group: Rasoolan , Hanifan, Hamidan, Karam Bibi, Khursheed, Safia
Rasoolan lives in Gujranwala, which is located in Punjab and famous for its sweetmeats in Pakistan. She has been living there in a three-room brick house with her family for over 26 years. She is a talented lady and operates a sewing business at her home to supplement the income of her family. She collects orders from her neighborhood clients and completes the orders on time to earn an income. She is married to G. A., who is a private entrepreneur and operates a cigarette selling business. He operates his shop from the center of the market and handles a good clientele base. He keeps every brand of cigarette in his shop to fulfill the needs of his customers on time.

Rasoolan has two sons. Both of them have been involved in the business of selling glass for over seven years. They sell glass to different glass companies on orders and contribute to their family financially from their earnings. Rasoolan has applied for a loan from Kiva partner, Asasah, for her husband’s business. He will invest the loan in purchasing more cigarettes brands for his cigarette shop. Rasoolan is hopeful that through this loan investment her husband’s income will increase and his clientele base will improve as well.

She is a regular loan user of Asasah. This is her second loan application. In the previous loan year, she built good credit behavior and never missed any meeting.

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
  • $14,714,500
    Funds lent in using Kiva
  • 85.9
    Pakistan Rupees (PKR) = $1 USD

Success!! The loan was 100% repaid

A portion of Rasoolan Ghulam Ali's Group's $1,125 loan helped a member to buy cigarette brands in bulk quantity for selling.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 20, 2010
Listed
Oct 30, 2010
Currency Exchange Loss:
Possible
Ended:
Oct 15, 2011