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Nasreen's Group
In this Group: Nasreen , Wakeelan Bibi, Suraiya Bibi, Farzana, Noor Bibi
Nasreen is a seamstress by profession. She operates her sewing business at her home. She sews clothes for her neighboring clients. She is very skillful and receives regular orders every month. Besides her sewing work, she also manages her household responsibilities very efficiently. She is married with three children. All of them are enrolled in a local school and getting their education. Her husband is a rickshaw driver and provides transport services to the passengers.

She has applied for a loan from Kiva partner Asasah for her husband who will use the loan to repair his rickshaw. His engine is creating problems and needs repair work. Otherwise, it will be seized. He has been providing transport services to his passengers for over many years and Nasreen is confident that after repairing his rickshaw, he will be able to provide better transport services to his passengers and will make a positive impact on his 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
  • 132
    View loans »
    Pakistan Loans Fundraising
  • $13,493,975
    Funds lent in using Kiva
  • 85.7
    Pakistan Rupees (PKR) = $1 USD

Success!! The loan was 100% repaid

A portion of Nasreen's Group's $1,525 loan helped a member to repair a rickshaw.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 22, 2011
Listed
Jun 24, 2011
Currency Exchange Loss:
Possible
Ended:
Jun 15, 2012