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Kaneez's Group
In this Group: Kaneez , Rukhsana Bibi, Sajida Parveen, Kalsoom Bibi, Sarwar Bibi
Kaneez is married with four children. Her husband operates a grocery store in the community market. Through his store, he sells daily use items like cooking oil, spices, sugar etc. He is very good in dealing and earns good profits from his business.

She herself is a housewife as well as a working lady. She manages her household and also operates a clothes-making business at her home. She does this work to supplement the income of her family. She receives orders from her neighboring clients and earns good money by completing them on time.

Kaneez has applied for a loan from Kiva partner Asasah for her husband's business. With the loan, he will buy groceries in bulk to put into his store. He has been operating this business for the past five years and Kaneez hopes that an investment will help him in making his business better and provide a better financial life to the family.

She is a regular loan user and this is her third loan application to Asasah. In previous loan years, she has maintained a good credit behavior and never missed any meetings.

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
  • 148
    View loans »
    Pakistan Loans Fundraising
  • $13,079,825
    Funds lent in using Kiva
  • 86.3
    Pakistan Rupees (PKR) = $1 USD

Success!! The loan was 100% repaid

A portion of Kaneez's Group's $1,225 loan helped a member to buy inventory for a grocery store business.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 20, 2011
Listed
May 27, 2011
Currency Exchange Loss:
Possible
Ended:
May 16, 2012