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Shazia's Group
In this Group: Shazia , Perveen Akhter , Shakeela , Uzma , Sajida , Robina
Shazia has applied for a loan from Kiva partner Asasah to improve her husband’s grocery store business. His store is located in the market and he sells different grocery items to his clients such as cooking oil, sugar, spices, etc. at reasonable rates. He started this business two years ago and it has worked well for him. With the loan, he will buy groceries in bulk quantity to sell in his store.

Shazia is a housewife, staying at her home and doing her household responsibilities. She is very active in her work and takes care of her family very well. She has given birth to four children. Three of them are studying while the youngest one is not of school-going age yet.

Shazia is confident that an investment will help her family to live a better financial life by improving her husband’s business.

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
  • 158
    View loans »
    Pakistan Loans Fundraising
  • $13,433,075
    Funds lent in using Kiva
  • 85.8
    Pakistan Rupees (PKR) = $1 USD

Success!! The loan was 100% repaid

A portion of Shazia's Group's $1,300 loan helped a member to buy groceries for grocery store business.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 21, 2011
Listed
Jun 23, 2011
Currency Exchange Loss:
Possible
Ended:
Jun 15, 2012