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Humaira's Group
In this Group: Humaira , Bilquis Begum, Nazia Bibi, Allah Rakhi, Nasreen Akhtar
Humaira is married and her husband is a salesman by profession. He sells different spices and edible items in different shops. He is very fair at his rates and makes reasonably good profits every month.

Humaira is very supportive and does sewing for her neighboring customers for profits. She is also an embroidery expert and works on order. She is the mother of three children. All of her children are getting their education.

She has applied for a loan from Kiva partner Asasah for the further expansion of her husband’s business. With the loan, he will buy stock such as spices, candies & chips in bulk quantity to be able to sell in larger quantity and make higher profits. He has been operating his business for the past two years and Humaira is confident that an investment will be more productive for his business and will increase his income.

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
  • 160
    View loans »
    Pakistan Loans Fundraising
  • $13,473,375
    Funds lent in using Kiva
  • 86.3
    Pakistan Rupees (PKR) = $1 USD

Success!! The loan was 100% repaid

A portion of Humaira's Group's $1,750 loan helped a member to buy spices, candies & chips to sell.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 8, 2011
Listed
Aug 16, 2011
Currency Exchange Loss:
Possible
Ended:
Aug 15, 2012