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Nazareen's Group
In this Group: Nazareen , Sarwar Bano, Sarwari, Rehana
Nazareen, 34 years old, lives in the historic city of Lahore, Pakistan, famous for its culture and history. She lives in a small home with her husband and five daughters in the area of Green town. She moved here after her marriage. Three of Nazareen's daughters are students and the others stay at home because they are too young to attend school.

Nazareen's husband, M. A., is a butcher by profession. He has operated a meat selling shop in the community for the past 10 years. He specifically sells goat meat. Due to his agreeable manner and the quality of his meat, he has a good number of customers. Nazareen is a housewife, preferring to stay at home and take care of her household responsibilities. She has a part-time business selling clothes to clients in her community. She purchases clothes from the famous Anarkali market and the Azam cloth market in Lahore and earns a good profit. She does this work to help her husband financially.

Nazareen has applied for a loan from Kiva's partner, Asasah, for her husband’s business. With the loan, he will buy some goats to help him fulfill his customers' orders and earn more profit. Nazareen is hopeful about the positive growth of his business after the loan investment. Nazareen is new lender with Asasah.

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
  • 272
    View loans »
    Pakistan Loans Fundraising
  • $14,714,900
    Funds lent in using Kiva
  • 85.6
    Pakistan Rupees (PKR) = $1 USD

Success!! The loan was 100% repaid

A portion of Nazareen's Group's $575 loan helped a member to buy goats.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 2, 2011
Listed
Feb 7, 2011
Currency Exchange Loss:
Possible
Ended:
Jan 15, 2012