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Rani's Group
In this Group: Rani, Razia, Nasra, Bilquis, Bushra, Bushra
Rani is 40 years old, married with five children. Two of them work while the others are enrolled in a local school and getting their education. Her eldest son works in a government organization while the 2nd one makes iron brushes. Her husband also makes iron brushes and is a blacksmith by trade. The iron brushes are used to remove dust particles and dirt spots.

Rani is a caring lady who stays at home and carries out her responsibilities as a housewife very well. She has applied for a loan from Kiva partner Asasah for her husband who wants to buy iron to be able to make a larger quantity of brushes to sell and increase his profits. He is very experienced in his business and has been operating for almost 10 years. Rani is very much hopeful that this investment will be a profitable one for him.

She is a regular loan user of Asasah and this is her 3rd loan application. In previous loan years, she has maintained a good credit behavior and never missed any meeting.

Note: In the photo, the lady slightly raising her hand 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
  • 144
    View loans »
    Pakistan Loans Fundraising
  • $13,494,425
    Funds lent in using Kiva
  • 85.9
    Pakistan Rupees (PKR) = $1 USD

Success!! The loan was 100% repaid

A portion of Rani's Group's $1,250 loan helped a member to buy iron for making iron brushes to sell.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 6, 2011
Listed
Jun 10, 2011
Currency Exchange Loss:
Possible
Ended:
Jun 15, 2012