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Waziran Iqbal Hussain's Group
In this Group: Waziran , Seema, Jamila Bibi, Razia, Kaniz Fatima, Khursheed Begum
Waziran is a 51-year-old lady who belongs to a poor family. She lives in Kasur, a mid-sized city in Pakistan famous for its sweetmeats. Waziran is married to I. H., a private entrepreneur who runs a business selling clothes. He buys clothes from wholesale markets in the city of Lahore named “Ichra & AnarkA.” and sells them to the local market at a profit.

Waziran is a mother of two sons, both of whom are involved in an embroidery business. They run an embroidery shop in the market where they offer their services to customers in order to generate income for the family. The sons did not get an education because their parents were not in a position to afford it.

Waziran has applied for a loan from Kiva partner, Asasah, for her husband’s business. With the loan, he will purchase unstitched clothes of different varieties in bulk. The bulk purchasing will help him to increasing his sales and grow his business towards success. He has been in this business for over 25 years and Waziran is hopeful that this loan investment will bring good profits for her family. She is a new loan applicant to Asasah.

Note: In the photo, the lady who has holds the book (an Asasah passbook) in her hands is Waziran.

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
  • 268
    View loans »
    Pakistan Loans Fundraising
  • $14,718,825
    Funds lent in using Kiva
  • 85.8
    Pakistan Rupees (PKR) = $1 USD

Success!! The loan was 100% repaid

A portion of Waziran Iqbal Hussain's Group's $1,225 loan helped a member to buy unstitched clothes in bulk.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Nov 1, 2010
Listed
Nov 2, 2010
Currency Exchange Loss:
Possible
Ended:
Oct 15, 2011