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Naseem's Group
In this Group: Naseem , Bashiran, Memona, Naseem Akhtar, Azra Bano
Naseem is a widow and lives with her brother and sister. She works as a teacher at a nearby school where she gets income on a monthly basis.

She has applied for a loan from Kiva partner Asasah to help her nephew who operates a mobile shop in the market. Through his shop, he sells new and used mobile phones as well as mobile accessories at reasonable rates.

He is very good in his customer dealings and earns a reasonable income every month. With this loan, he will buy mobile phones and accessories to put in his shop.

Naseem is very hopeful that after the loan investment her nephew's income will be increased and it will help him have a better standard of living.

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
  • 191
    View loans »
    Pakistan Loans Fundraising
  • $13,087,975
    Funds lent in using Kiva
  • 86.1
    Pakistan Rupees (PKR) = $1 USD

Success!! The loan was 100% repaid

A portion of Naseem's Group's $950 loan helped a member to buy mobile phones and accessories.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 13, 2011
Listed
Jul 21, 2011
Currency Exchange Loss:
Possible
Ended:
Jul 15, 2012