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Saeedan's Group
In this Group: Saeedan, Anwer, Naymat, Zarina, Sughran
Saeedan B. is from Lahore, a big metropolis in Pakistan. She is married and has eight children: two daughters and six sons. Currently, only two her children attend school. Her husband has a construction business and is helped by one of their sons. They earn $ 300 a month. Saeedan is the leader for her group, which includes four other women. Saeedan will use her loan to buy materials for her husband's construction business; Anwer B. will use her loan for her husband's tailoring business; Naymat B. will use her loan to improve her cosmetics business; Zarina B. will use her loan for her sewing business; and Sughran B. will use her loan to improve her son's sanitary store.

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
  • 149
    View loans »
    Pakistan Loans Fundraising
  • $13,288,575
    Funds lent in using Kiva
  • 61.3
    Pakistan Rupees (PKR) = $1 USD

Success!! The loan was 100% repaid

A portion of Saeedan's Group's $1,475 loan helped a member to improve businesses.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Jan 12, 2008
Listed
Dec 29, 2007
Currency Exchange Loss:
Covered
Ended:
Feb 15, 2009