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Zahida's Group
In this Group: Zahida , Azra Batool, Anwar
Zahida is a very supportive lady and a caring housewife. She stays at home and fulfills her household responsibilities efficiently. She has very good administrative abilities and handles the expenses of her home with great responsibility. She also does embroidery part time for her neighborhood clients to help her husband financially. She lives with her family in a three room brick house in Lahore, Pakistan. Lahore is the 2nd largest city of Pakistan and known for its history and culture. She has been living there in the area of Daata town for past 18 years. She is the mother of 2 sons and 4 daughters. Her sons work in a factory for a meager income and her daughters stay at home and help their mother in her household work.

Her husband’s name is M. S., and he manufactures furniture to order. His furniture showroom is located in the market, and he has a good number of clients who give him good orders of furniture. Zahida has applied for a loan from Kiva partner, Asasah, to further expand her husband’s business. With the loan, he will buy wood, nails and furniture polisher, etc., which will help him produce good quality furniture. He will display it in his show room for selling. He has been in this business for the past 10 years, and Zahida is hopeful that, after the loan investment, his business will improve further and so will the living standard of the family as well.

This is her 2nd loan application from Asasah. In the previous loan year, she established a good credit behavior and never missed any 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

  • $4,700
    Average annual income
  • 273
    View loans »
    Pakistan Loans Fundraising
  • $14,699,975
    Funds lent in using Kiva
  • 85.3
    Pakistan Rupees (PKR) = $1 USD

Success!! The loan was 100% repaid

A portion of Zahida's Group's $650 loan helped a member to buy woods, nails and furniture polisher for furniture making business.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 16, 2011
Listed
Feb 21, 2011
Currency Exchange Loss:
Possible
Ended:
Feb 15, 2012