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Bushra's Group
In this Group: Bushra, Mukhtar, Anum, Zainab, Zohran
My name is Bushra B.. I am married and have five children. I live with my family in the small town of Kot Radha Kishan, which is about an hour and a half away from the nearest city. My husband is a daily wage laborer and I sell milk to make a living. I own two cows but now I would like to buy an additional cow, because my husband does not generate a steady source of income and I would like to increase the milk production of my business.



I have many friends in my neighborhood and they all are the members of my loan group. All of us have taken two loans from Asasah, a microfinance institution and invested in our businesses. My group members are: Zainab B., who sells milk to her clients from nearby villages; Anum B. and her husband, who buy milk from various providers and sell it in a nearby city; Zohran B., whose husband operates a restaurant; and Mukhtar B., who also raises livestock and sells milk. They all are hardworking entrepreneurs and play an important role in bringing income to their families.

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
  • 152
    View loans »
    Pakistan Loans Fundraising
  • $13,079,825
    Funds lent in using Kiva
  • 61.2
    Pakistan Rupees (PKR) = $1 USD

Success!! The loan was 100% repaid

A portion of Bushra's Group's $1,200 loan helped a member buy another cow for the dairy business.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Dec 6, 2007
Listed
Nov 22, 2007
Currency Exchange Loss:
Covered
Ended:
Jan 15, 2009