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Nazia's Group
In this Group: Nazia, Samina Kosar, Sajida, Nusrat Bano, Shumaila, Asma
Nazia is a resident of Jaranwala which is a small city located in Punjab province and known for its agriculture, particularly rice crops. Her house has 2 rooms and she has been living in it with her family for the past 7 years. Her husband’s name is M. I. and he makes truck bodies. He is very talented in his work and also creates beautiful art work on truck bodies by using different colors on them. Nazia has given birth to 3 sons. All of them are very young and have not started going school yet. Nazia wants her children to get a quality education to become successful persons in their lives. She wants to improve her husband’s business so that she may send her eldest son, who is now 5 years old, to school.

Nazia has applied for a loan from Kiva partner Asasah for the improvement of her husband’s business. He will buy iron in bulk quantity for making truck bodies. This will help him to complete the orders in less time and earn extra profits. Nazia has a firm believe that money attracts money and she is hopeful that her husband’s business will grow in a positive direction after making the loan investment into it. She is a regular loan user of Asasah and this is her fourth loan application. In previous loan years, she has maintained a good credit behavior and never missed any meeting.

Note: In the photo, the lady with a book (called Asasah Passbook) is Nazia.

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
  • 202
    View loans »
    Pakistan Loans Fundraising
  • $13,986,775
    Funds lent in using Kiva
  • 85.4
    Pakistan Rupees (PKR) = $1 USD

Success!! The loan was 100% repaid

A portion of Nazia's Group's $1,300 loan helped a member to buy iron for making truck bodies.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 18, 2011
Listed
Mar 21, 2011
Currency Exchange Loss:
Possible
Ended:
Mar 15, 2012