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Naseem's Group
In this Group: Naseem, Jannat, Kaniaz, Mafia, Samina, Maryam
Naseem has applied for a loan from Kiva partner Asasah to improve her husband's business of selling garments. He puts the garments on his cart and sells them by visiting different parts of the city. He has been operating this business for the past 10 years.

With the loan, he will buy garments in larger quantities which will help him offer more variety to his customers and earn bigger profits. Naseem is confident about the positive growth of her husband's business and about the better financial future of her family.

She herself is a housewife and stays at home to perform her daily household duties. She is a very active and responsible person and does her duties very responsibly. She has given birth to eight children. Her two elder sons operate an embroidery business; the other four are enrolled in a local school and are getting their education and stay at home.

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
  • 239
    View loans »
    Pakistan Loans Fundraising
  • $14,142,050
    Funds lent in using Kiva
  • 85.6
    Pakistan Rupees (PKR) = $1 USD

Success!! The loan was 100% repaid

A portion of Naseem's Group's $1,425 loan helped a member to buy garments in bulk for resale.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 24, 2011
Listed
May 28, 2011
Currency Exchange Loss:
Possible
Ended:
May 15, 2012