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Mujeeb Begum's Group
In this Group: Mujeeb Begum, Rukhsana Bibi, Asma , Khalida Bibi, Haseena Begum, Zubaida Bibi
Mujeeb begum lives in Depalpur, which is a small city located in Punjab, Pakistan, and is famous for its agricultural industry. She has resided there with her family for the past fifteen years in a two-room brick house in the small colony named Fazal elahi. She is a housewife and stays at home doing her household work. She is a very responsible person and makes the utmost effort to manage all of her responsibilities effectively.

Her husband’s name is M. T., and he is involved in a stamp papers selling business. Stamp papers are used for any legal documentation. Mujeeb has given birth to two sons. Her eldest son works with his father in his business and supports him in his dealing with his customers while her youngest son is studying in class 8.

Mujeeb has applied for a loan from the Kiva partner, Asasah, for her son, who wants to start his own stamp papers selling business. He will utilize the loan to buy stamp papers in larger quantities to create a good beginning for his business. This has become Mujeeb’s family business, and she is confident that the loan investment will bring good financial changes to her son's business.

She is a regular user of Asasah and this is her 5th loan application. She is a responsible client and has always paid her loan installments on time.

Note: In the photo, the lady holding a book (called the Asasah Passbook) is Mujeeb begum.

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
  • 158
    View loans »
    Pakistan Loans Fundraising
  • $13,433,075
    Funds lent in using Kiva
  • 85.3
    Pakistan Rupees (PKR) = $1 USD

Success!! The loan was 100% repaid

A portion of Mujeeb Begum's Group's $1,475 loan helped a member to buy stamp papers to sell.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 7, 2011
Listed
Mar 9, 2011
Currency Exchange Loss:
Possible
Ended:
Feb 15, 2012