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Surriya's Group
In this Group: Surriya , Nargis, Shabnam
Surriya is 42 years old, and a mother of 2 daughters and a son. All of the children are young and stay at home. Surriya is unable to provide them with education facilities due to poor financial resources. She has lived in a 2 room brick house with her family in the area of Green town for many years. Green town is located in Lahore, which is Pakistan’s second largest city and known for its history and culture.

Her husband’s name is M. I. and he sells traditional Punjabi food called Samosay and Pakorey (which are spicy foods made up of potatoes and different spices). Surriya has applied for a loan from Kiva partner Asasah for further improvement of her husband’s business. With the loan, he will buy required items like spices and potatoes in bulk quantity to make larger quantities of Samosas and Pakodas to sell. He will also buy some plastic chairs and tables to increase the sitting arrangements at his business place. He has been running this business for past 10 years and Surriya is confident that a loan investment will bring even more profits to him.

She is a new loan applicant. She hopes it will bring good changes to her husband’s business.

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
  • 254
    View loans »
    Pakistan Loans Fundraising
  • $14,499,975
    Funds lent in using Kiva
  • 85.6
    Pakistan Rupees (PKR) = $1 USD

Success!! The loan was 100% repaid

A portion of Surriya's Group's $450 loan helped a member to buy required items for Punjabi food selling business.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 2, 2011
Listed
Feb 8, 2011
Currency Exchange Loss:
Possible
Ended:
Jan 15, 2012