Check out some available loans that are similar to this one!
Shahida's Group
In this Group: Shahida , Amna
Shahida is 50 years old and married with four children. Her eldest son sells clothes and the second one makes shoes. Her remaining children are getting their education. Shahida herself is a housewife who stays at home and does her household tasks. Her husband is a blacksmith and makes iron boxes on order. The iron boxes are used to keep clothes and other household items. He has been doing this business for the past 25 years.

Shahida has applied for a loan from Kiva partner Asasah for her husband who will buy iron in bulk to make a larger quantity of iron boxes, which will help him fulfill the orders on time and earn more profits. She is hopeful that with the loan, her husband will be able to improve his business condition to help her family enjoy better facilities of life.

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
  • 232
    View loans »
    Pakistan Loans Fundraising
  • $13,719,425
    Funds lent in using Kiva
  • 85.7
    Pakistan Rupees (PKR) = $1 USD

Success!! The loan was 100% repaid

A portion of Shahida's Group's $475 loan helped a member to buy iron in bulk to make iron boxes.
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 15, 2012