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Sughran's Group
In this Group: Sughran, Irshad Bibi, Nighat Tasneem, Haseena Bano, Gaman Bibi, Jamila Bibi, Kaniz Bibi
Sughran is a widow who sells buffalo milk to financially contribute to her family. She took over this business after the sudden death of her husband few years ago. Now she has 2 buffaloes. She takes care of these buffaloes, gives them timely food & water and sells their milk to her community clients. She has 5 sons. Two of them work in a factory. The next two attend school and are getting their education. Her youngest son is 7 years old and has not started attending school yet.

She has applied for a loan from Kiva partner Asasah to buy another buffalo to expand her milk selling business. The additional buffalo will not only become an asset for her business but also increase her profits in future.

She has many years of experience in her business and hopeful that an investment will bring positive changes to her business. Her elder son is 27 years old and she hopes that she will be able to marry him off in the near future with the help of increased profits.

She is a regular loan user of Asasah and this is her 4th loan application. In previous loan years, she has maintained a good credit behavior and never missed any meeting.

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

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

  • $4,700
    Average annual income
  • 247
    View loans »
    Pakistan Loans Fundraising
  • $14,499,975
    Funds lent in using Kiva
  • 85.7
    Pakistan Rupees (PKR) = $1 USD

Success!! The loan was 100% repaid

A portion of Sughran's Group's $1,600 loan helped a member to buy another buffalo for dairy business.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 21, 2011
Listed
Jun 24, 2011
Currency Exchange Loss:
Possible
Ended:
Jun 15, 2012