Check out some available loans that are similar to this one!
Manzooran Muhammad Saleem's Group
In this Group: Manzooran , Bilquis Akhtar, Parveen Akhtar, Ishrat, Ayesha Bibi
Manzooran M. S. is married and has given birth to two sons and two daughters (in the photo, the lady who is raising her hand is Manzooran). All of her children are studying except the youngest who is just three years old. Manzooran is a talented lady who operates an embroidery and clothes sewing business from her home to supplement her family’s income. Most of her clients are from neighboring areas, and she receives a good number of orders every month.


Manzooran’s husband operates a CD center in the market from which he sells different DVDs and CDs of movies and songs. He deals with a good number of customers every day. Some of the customers buy CDs and DVDs while others rent them.


Manzooran has applied for a loan from Kiva’s partner Asasah. She is a new Asasah client, and this is her first loan application. She is requesting a loan for the expansion of her husband’s business. He will use the money to purchase the latest CDs and DVDs to sell to his customers. He started this business six years ago, and Manzooran hopes that a loan will improve his business further.

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
  • 209
    View loans »
    Pakistan Loans Fundraising
  • $14,459,275
    Funds lent in using Kiva
  • 85.5
    Pakistan Rupees (PKR) = $1 USD

Success!! The loan was 100% repaid

A portion of Manzooran Muhammad Saleem's Group's $1,075 loan helped a member to buy CDs and DVDs for her husband's shop.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 22, 2010
Listed
Dec 1, 2010
Currency Exchange Loss:
Possible
Ended:
Nov 15, 2011