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Mussarat's Group
In this Group: Mussarat , Sakina, Zahid Sultana , Maqboolan , Muneeran
Mussarat has applied for a loan from Kiva partner Asasah for the growth of her husband's ice-selling business. With the loan, he will buy a four-wheeled cart and ice blocks which will allow him to visit different parts of the city for selling ice and earning better profits.

Summer has come and the demand for ice is very high these days. Mussarat is confident that an investment will help her husband make his business more profitable. Previously he would rent a cart, but now that money which he paid for the cart rental will be added to his income instead. He has been operating this business for the past 10 years.

Mussarat is the mother of three daughters and two sons. All of them are enrolled in a local school and are getting their education.

Mussarat herself is a housewife who stays at home and takes care of her household responsibilities.

She is confident that she will be able to return the loan easily as a result of the improved business conditions of her husband.

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
  • 133
    View loans »
    Pakistan Loans Fundraising
  • $13,079,825
    Funds lent in using Kiva
  • 85.8
    Pakistan Rupees (PKR) = $1 USD

Success!! The loan was 100% repaid

A portion of Mussarat's Group's $1,125 loan helped a member to buy a cart & blocks of ice.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 16, 2011
Listed
Jun 20, 2011
Currency Exchange Loss:
Possible
Ended:
Jun 15, 2012