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Mehmoodan's Group
In this Group: Mehmoodan, Mehmoodan, Nasreen, Shahida Parveen, Maryam Bibi
Mehmoodan lives in a 2 roomed brick house with her family in Jaranwala, which is located in Punjab province of Pakistan and is known for its agriculture industry. She settled here after her marriage more than 20 years ago. She is a widow who lost her husband as a result of a sudden death. It was a very difficult time for her as, after the death of her husband, all the responsibilities came down on her shoulders. She recovered her senses for her children and raised them very well. Now both sons have their own business. Both of her sons operate a Punjabi food resturant. They offer a variety of food such as Nan chanay (made with chickpeas and served with bread) and Biryani (made with rice, chicken and served with yogurt and salad) and tea to their clients. They are very good people and have good business knowledge. They have an ability to attract customers with their good customer dealings and the quality of their food.

Mehmoodan has applied for a loan from Kiva partner Asasah for her sons business. With the loan, they will buy required items such as chickpeas, spices, cooking oil, rice & chicken in bulk quantities that will help them providing better quality services and food to their customers.

Mehmoodan is hopeful that an investment will make her sons business more profitable and will also expand their business on larger scale. She is a regular loan user of Asasah and this is her second loan application. In the previous loan year, she built a good credit behavior and never missed any meetings.

Note: In the photo, the lady with a book (called Asasah Passbook) is Mehmoodan.

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
  • 218
    View loans »
    Pakistan Loans Fundraising
  • $14,086,550
    Funds lent in using Kiva
  • 85.4
    Pakistan Rupees (PKR) = $1 USD

Success!! The loan was 100% repaid

A portion of Mehmoodan's Group's $925 loan helped a member to buy required items for restaurant business.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 23, 2010
Listed
Dec 1, 2010
Currency Exchange Loss:
Possible
Ended:
Nov 15, 2011