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Kaneez's Group
In this Group: Kaneez, Rani, Hasmat, Shahnaz, Parween
My name is Kaneez F., and I am a widow and a mother of nine: six boys and three daughters. I live with my family in a small town called Borewala in Pakistan. None of my kids could attend school, due to our impoverished condition that we had to face after my husband’s death. I need a loan for my son to expand his barber shop. Last year, I received a loan for his barber shop, and with its profits I bought a television for my house. My group members are: Rani T., who requires a loan for her bangles and grocery store; Hasmat B., who will buy a goat with the loan; Shahnaz B., who requires a loan for her poultry farm; and Parween R. needs a loan for her husband’s restaurant.

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
  • 231
    View loans »
    Pakistan Loans Fundraising
  • $14,184,125
    Funds lent in using Kiva
  • 62.7
    Pakistan Rupees (PKR) = $1 USD

Success!! The loan was 100% repaid

A portion of Kaneez's Group's $1,050 loan helped a member expand barber shop.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Jan 29, 2008
Listed
Jan 15, 2008
Currency Exchange Loss:
Covered
Ended:
Feb 15, 2009