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Safia's Group
In this Group: Safia, Margarette Bibi, Sajida Bibi, Nazia Bibi, Naziran Bibi
Safia is a working lady who operates a clothes-selling business from her home. She sells clothes to her community clients at a profit. Her husband also sells clothes. His clients includes different clothes shop owners who purchase clothes from him at a good rate.

Safia is the mother of two sons and a daughter. Her elder son is a graduate and does a job in a private organization while the others are studying.

Safia has applied for a loan from Kiva partner Asasah for the expansion of her husband ‘s clothes-selling business. He will use the loan money in purchasing clothes in bulk which will allow him to offer more variety to his clients for greater profits.

Safia is a regular loan user of Asasah and this is her 2nd loan application. She has established a good credit behavior in the previous loan year and never missed any meeting. She is hopeful that an investment will be a productive one for her husband.

Note: In the photo, the lady raising a hand is Safia.

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
  • 279
    View loans »
    Pakistan Loans Fundraising
  • $14,699,975
    Funds lent in using Kiva
  • 86.2
    Pakistan Rupees (PKR) = $1 USD

Success!! The loan was 100% repaid

A portion of Safia's Group's $1,050 loan helped a member to buy clothes for resale.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 16, 2011
Listed
May 25, 2011
Currency Exchange Loss:
Possible
Ended:
May 16, 2012