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Parveen's Group
In this Group: Parveen, Naziran, Pathani, Khairan, Shahida, Sajida
Parveen is 31 years old and married by status. Her husband is attached to a fruit selling business. Through his shop, he sells fresh seasonal fruits to his clients at reasonable rates. Parveen is a housewife who stays at home and does her household responsibilities. She is a very caring lady and tries to give comfort to her family with her work. She has given birth to two sons. Both of them are enrolled in a local school and getting their education.

She has applied for a loan from Kiva partner Asasah to help her husband who wants to buy fresh seasonal fruits for the expansion of his business. More variety of fruits will enable him to fulfill the timely demand of his customers and increase his profits. He has been operating this business for the last 15 years. Parveen is hopeful that her husband will be able to improve it further after the loan investment, which will help her family to have a better standard of living.

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

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
  • 150
    View loans »
    Pakistan Loans Fundraising
  • $13,482,925
    Funds lent in using Kiva
  • 85.8
    Pakistan Rupees (PKR) = $1 USD

Success!! The loan was 100% repaid

A portion of Parveen's Group's $700 loan helped a member to buy fresh seasonal fruits to sell.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 17, 2011
Listed
Jun 20, 2011
Currency Exchange Loss:
Possible
Ended:
Jun 15, 2012