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Rani's Group
In this Group: Rani, Rasheedan, Saira Bibi, Asia Begum, Nasreen, Ameeran Bibi
Rani is married. Her husband is involved in a grocery store business. Through his store, he sells daily use items like sugar, spices, cooking oil, rice and lentils, etc. to his customers. He offers his customers competitive prices and deals with them with good behavior.

Rani is a caring person by nature. She carries out her responsibilities as a housewife very well. Besides her household work, she also visits her husband’s store to help him in serving his customers.

She has applied for a loan from Kiva partner Asasah for her husband’s business. Through the loan, he will buy groceries in bulk to put to his store for sale. Rani hopes that the loan investment will bring positive financial changes to her husband’s business and improve his profits.

Note: In the photo, the lady with a book (called Asasah Passbook) is Rani.

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
  • 149
    View loans »
    Pakistan Loans Fundraising
  • $13,462,325
    Funds lent in using Kiva
  • 85.7
    Pakistan Rupees (PKR) = $1 USD

Success!! The loan was 100% repaid

A portion of Rani's Group's $1,100 loan helped a member to buy groceries for grocery store business.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 27, 2011
Listed
May 30, 2011
Currency Exchange Loss:
Possible
Ended:
May 15, 2012