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Babara's Group
In this Group: Babara , Parveen, Razia, Parveen
Babara has applied for a loan from Kiva partner Asasah to financially assist her husband in his car seat cover making business. He will invest the loan in buying foam, leather, and thread in bulk quantity. That will enable him to make seat covers in larger quantity to sell.

Babara lives in a city named Borewala, famous for its shrines in Pakistan. She doesn’t have any children yet. She is a caring lady and carries out her responsibilities of a housewife well at home.

This is the first time Babara has applied for a loan from Asasah. She is hopeful that with the help of this loan investment, her husband will be able to up-lift his business by increasing his sales, and her family will be able to enjoy better facilities of life and she will return the loan without any problem.

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
  • 139
    View loans »
    Pakistan Loans Fundraising
  • $13,320,225
    Funds lent in using Kiva
  • 85.4
    Pakistan Rupees (PKR) = $1 USD

Success!! The loan was 100% repaid

A portion of Babara's Group's $650 loan helped a member to buy material for car seat cover making business.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 8, 2010
Listed
Nov 11, 2010
Currency Exchange Loss:
Possible
Ended:
Nov 15, 2011