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Nasreen's Group
In this Group: Nasreen, Sugran Begum, Naseem
Nasreen lives in an industrial city of Pakistan known as Faisalabad. She has lived there in a 2-room brick house in the area of Mian Pind for the past 16 years. She is a housewife and does her household works, staying at home. She doesn’t have any children. Her father and brother also live with her and both of them are involved in different jobs. Her father is a security guard while her brother sells vegetables.

Nasreen has applied for a loan from Kiva partner Asasah for the improvement of her husband’s business. He is a painter and paints houses and buildings on order. He deals with different companies and individuals and earns good income after completing their work. Using the loan, he will buy different colors of paint and paint brushes to provide better quality service to his clients.

Nasreen is hopeful that her husband will successfully be able to grow his business to a level where his family can have a better standard of living. She is a regular loan user of Asasah and this is her 2nd loan application. In the previous loan year, she proved herself to be a responsible client by paying her installments on time and by attending every meeting.

Note: In the photo, the lady with her hand raised is Nasreen”

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
  • 246
    View loans »
    Pakistan Loans Fundraising
  • $14,499,975
    Funds lent in using Kiva
  • 84.2
    Pakistan Rupees (PKR) = $1 USD

Success!! The loan was 100% repaid

A portion of Nasreen's Group's $650 loan helped a member to buy paint and paint brushes for husband's house-painting business.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 15, 2011
Listed
Apr 19, 2011
Currency Exchange Loss:
Possible
Ended:
Apr 15, 2012