Check out some available loans that are similar to this one!
Bushra's Group
In this Group: Bushra, Safia, Bushra, Nasreen Akhtar
Bushra is married and her husband deals in scrap. He provides scrap to other scrap dealers and to different factories. His business is doing well and he needs continuous investment to fulfill the orders on time. Bushra is a seamstress who sews clothes for her neighborhood clients for a profit. She learned this art from her mother and now she earns a reasonable income every month. This income helps her pay the utility bills.

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 scrap in bulk to be able to fulfill the client orders on time and earn more profits. He has good experience in his business and has been operating it for the past 13 years. Bushra is confident about the positive growth of her husband’s business after the loan investment. She is a new loan applicant and this is her first loan from Asasah.

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

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
  • 137
    View loans »
    Pakistan Loans Fundraising
  • $13,292,875
    Funds lent in using Kiva
  • 86.9
    Pakistan Rupees (PKR) = $1 USD

Success!! The loan was 100% repaid

A portion of Bushra's Group's $750 loan helped a member to buy scrap in bulk.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 19, 2011
Listed
Aug 25, 2011
Currency Exchange Loss:
Possible
Ended:
Aug 15, 2012