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Wazeeran's Group
In this Group: Wazeeran , Zarina Bibi, Haleema Bibi
Wazeeran is a resident of Depalpur, which is an ancient city and famous for its agriculture industry. She has lived there with her family in the area named Khalilabad for past 16 years. She is a widow and lost her husband a few years ago as a result of a sudden death. It was a time of great difficulty for Wazeeran but she never lost her hope. She brought up her four sons and a daughter with great care. She helped her elder son to find a job and her younger son to establish his business of burger joint. Now all of her children are doing either their businesses or working in different organizations for reasonable income. Even her only daughter has started working as a teacher in nearby school.

She has applied for a loan from Kiva partner Asasah for her younger son who wants to buy some ingredients like cooking oil, bread, chicken meat and spices etc for his burger joint. He started this business four years ago and Wazeeran is very hopeful that the loan will help him in further establishing his business. She has a plan to marry her eldest son who is now 24 years old and she is confident that she will be able to do that with the help of an improved financial conditions. She is a regular loan user of Asasah and this is her fifth loan application. She is a responsible loan user who always paid her installments on time and never missed a single meeting.

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
  • 153
    View loans »
    Pakistan Loans Fundraising
  • $13,462,325
    Funds lent in using Kiva
  • 85.6
    Pakistan Rupees (PKR) = $1 USD

Success!! The loan was 100% repaid

A portion of Wazeeran's Group's $725 loan helped a member to buy ingredients like cooking oil, bread, chicken meat and spices for burger joint business.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 5, 2011
Listed
Jan 13, 2011
Currency Exchange Loss:
Possible
Ended:
Jan 15, 2012