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Shamim's Group
In this Group: Shamim , Mukhtaran, Naheed, Maryam, Maryam
Shamim has applied for a loan from Kiva partner Asasah for her husband’s sweetmeat-selling business. With the loan, her husband will buy necessary items such as sugar, milk, and dried fruits in larger quantity that will help him to make larger quantities of sweetmeats to meet the demand of his customers and to expand his business.

She lives in Khanewal which is a small city located in Punjab province, Pakistan, known for its agriculture industry. She lives there in a single-room brick house with her family in the area called Railway Landy. She moved here after her marriage to A. A. 14 years ago. She has given birth to 2 daughters and 2 sons. Her daughters are studying while her sons are too young to attend school.

She herself is a housewife and stays at home, doing her household work and taking care of her children. She is a regular loan user of Asasah and this is her 4th loan application. She is hopeful that this loan investment will be a profitable one for her husband’s business.

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
  • 206
    View loans »
    Pakistan Loans Fundraising
  • $14,448,675
    Funds lent in using Kiva
  • 85.6
    Pakistan Rupees (PKR) = $1 USD

Success!! The loan was 100% repaid

A portion of Shamim's Group's $950 loan helped a member to buy necessary items for sweetmeat-selling business.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 16, 2010
Listed
Nov 17, 2010
Currency Exchange Loss:
Possible
Ended:
Nov 15, 2011