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Nasreen's Group
In this Group: Nasreen , Ayesha, Imtiaz
Nasreen lives in Vehari, a small city located in the Punjab province of Pakistan and popular for its agricultural industry. She has been living there with her family in the area of 63-WB for over 15 years. She is married to M. Y. who has a construction supplies sales business. He sells supplies through his shop which is located in the market. He has been operating this business for many years and has a good reputation among his customers due to the quality items he sells.

Nasreen is a very helpful woman, supporting her family through her bangles business. Wearing bangles is very common among women and young girls. She sells a good quantity of bangles every month in the nearby areas and also to different jewelry shops. The money she makes from her business allows her to pay the utilities expenses.

Nasreen has applied for a loan from Kiva's partner Asasah to improve her bangles sales business. With the loan, she will buy different varieties of bangles such as steel, metal and glass in bulk, which will help her sell more and increase her monthly income. She is hopeful that an investment will take her business to a more profitable position. She is a new loan applicant with Asasah and hopes that it will bring her more profits.

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
  • 233
    View loans »
    Pakistan Loans Fundraising
  • $13,718,875
    Funds lent in using Kiva
  • 85.8
    Pakistan Rupees (PKR) = $1 USD

Success!! The loan was 100% repaid

A portion of Nasreen's Group's $475 loan helped a member to buy bangles to sell.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 27, 2010
Listed
Dec 1, 2010
Currency Exchange Loss:
Possible
Ended:
Nov 15, 2011