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Naseem's Group
In this Group: Naseem, Rasheeda, Irshad, Maryam, Shahnaz, Nasreen
Naseem is a housewife, preferring to stay at home and do her household work. Her husband is a carpenter and also operates a scrap business. He makes furniture on order. He is very skillful in his work and has got a good reputation among his clients for his quality work. His scrap business also earns him good profit every month. He sells scrap to different factories and other scrap dealers.

Naseem has applied for a loan from Kiva partner Asasah for her husband’s businesses. With the loan, her husband will buy wood and nails and also used paper and plastic bottles for both his businesses so that he earns well from them and generates the maximum profit.

Naseem hopes that her husband’s hard work and the loan investment will bring positive financial changes to his businesses and her family will be able to enjoy a better living standard as a result.

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

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
  • 232
    View loans »
    Pakistan Loans Fundraising
  • $13,714,025
    Funds lent in using Kiva
  • 85.7
    Pakistan Rupees (PKR) = $1 USD

Success!! The loan was 100% repaid

A portion of Naseem's Group's $1,425 loan helped a member to buy wood and nails and used paper and plastic bottles.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 23, 2011
Listed
Jun 28, 2011
Currency Exchange Loss:
Possible
Ended:
Jun 15, 2012