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Farrah's Group
In this Group: Farrah , Lubna Maryam, Sumera, Rehana , Shabana Mubarak
Farrah lives in Khanewal which is a small city of Pakistan. She lives in a 2 roomed brick house with her family in the area named Christian colony. She moved here 4 years ago after her marriage to S. M.. Farrah is 27 years of age and has 3 children: 2 daughters and a son. All of the children are very young and are not yet of school going age. Farrah wants her children to get a quality education once they become older. She shares the financial burden with her husband by doing sewing works. She is very skillful in her work and receives regular orders every month. Her husband is a government employee, earning a meager income.

Farrah has applied for a loan from Kiva partner Asasah for her sewing business. She will use the loan towards buying a new sewing machine because the old sewing machine doesn’t produce quality, neat work. The new machine will help her complete her work more quickly and she will be able to make more income. She started doing this business 4 years ago and is hopeful that an investment will increase her household income. She is a regular loan user of Asasah and this is her 2nd loan application. In the previous loan year, she proved herself as a responsible client who always paid her installments on time and never missed a single meeting.

Note: In the photo, the lady who has holds a book (called Asasah Passbook) is Farrah.

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
  • 160
    View loans »
    Pakistan Loans Fundraising
  • $13,470,225
    Funds lent in using Kiva
  • 85.5
    Pakistan Rupees (PKR) = $1 USD

Success!! The loan was 100% repaid

A portion of Farrah's Group's $975 loan helped a member to buy a new sewing machine for sewing business.
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