Check out some available loans that are similar to this one!
Safia's Group
In this Group: Safia , Asia Firdous, Kalsoom Bibi, Sheelan
Safia is a citizen of a city called Pakpattan in Pakistan. She is a talented lady who owns & operates an embroidery business to financially support her family. She is very creative in her work and crafts beautiful embroidered designs on clothes. She has a good number of clients in her neighborhood who give her regular orders.

Her husband, M. B., is a daily wage laborer. Safia has a 3-year-old daughter, who has not yet started to attend school. Safia’s uncle also lives with them, and he runs a "cold drink corner" in the market. He offers his customers different cold drinks like Pepsi, Coke and fresh juices. Safia has applied for a loan from Kiva partner Asasah for her uncle’s business. He will utilize the loan money in purchasing cold drinks and juices of different varieties to sell to his customers. He has been in this business for the past 8 years and Safia is hopeful that an investment will be profitable for him and will bring in more profits as a result.

She is a new loan user of Asasah and this is her first loan application.

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
  • 277
    View loans »
    Pakistan Loans Fundraising
  • $14,699,975
    Funds lent in using Kiva
  • 85.7
    Pakistan Rupees (PKR) = $1 USD

Success!! The loan was 100% repaid

A portion of Safia's Group's $825 loan helped a member to buy cold drinks and juices for "cold drink corner".
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 15, 2010
Listed
Nov 16, 2010
Currency Exchange Loss:
Possible
Ended:
Nov 15, 2011