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Salamti's Group
In this Group: Salamti, Irshad, Shahnaz, Rakhil, Razia
Salamti belongs to Khanewal which is a small city in Punjab, Pakistan, known for its agriculture industry. She has been living there with her family in a 2-room brick house in the area of Shanti Nagar for the past 10 years. She is a housewife and spends most of her time at home doing her household work. She is a mother of one daughter who is 6 years old and has yet not started getting an education due to financial constraints.

She is married to S. who is a farmer by trade and involved in agriculture. He grows different seasonal crops and sells them to his clients after harvesting, for a profit.

Salamti has applied for a loan from Kiva partner Asasah for her husband’s business. With the loan, he will buy fertilizers, seeds and pesticides, etc. to grow crops and earn better profits.

He has been operating this business for the past eight years and Salamti is hopeful that an investment will help him getting maximum profits from his hard work.

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

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
  • 203
    View loans »
    Pakistan Loans Fundraising
  • $13,983,575
    Funds lent in using Kiva
  • 84.3
    Pakistan Rupees (PKR) = $1 USD

Success!! The loan was 100% repaid

A portion of Salamti's Group's $1,025 loan helped a member to buy fertilizer, seeds and pesticides for agriculture business.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 11, 2011
Listed
Apr 14, 2011
Currency Exchange Loss:
Possible
Ended:
Apr 15, 2012