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Shamim's Group
In this Group: Shamim , Maryam, Sosan, Violet, Nasreen, Shakila
Shamim is a widow who lost her husband a few years ago. It was a very difficult time but she never lost hope and worked very hard to raise her only son who is now 25 years old. Her son is involved in a livestock business. He purchases goats and sheep when they are young, raises them and sells them to butchers. Shamim is 56 years old and performs her daily routine tasks by staying at home.

Shamim has applied for a loan from Kiva partner Asasah for her son because he wants to buy some goats to expand his business. This will help him increase his sales by fulfilling the demand of the clients and earn a better income. Shamim is very hopeful that his business will be improved further after investing loan money into it. She is a new loan applicant and this is her first loan application to Asasah.

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
  • 160
    View loans »
    Pakistan Loans Fundraising
  • $13,473,375
    Funds lent in using Kiva
  • 85.6
    Pakistan Rupees (PKR) = $1 USD

Success!! The loan was 100% repaid

A portion of Shamim's Group's $1,125 loan helped a member to buy goats.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 26, 2011
Listed
May 30, 2011
Currency Exchange Loss:
Possible
Ended:
May 16, 2012