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Safina's Group
In this Group: Safina , Suraiya, Maryam, Parveen, Naziran
Safina is married and her husband is a retired government employee. He gets pension from the government every month. Safina is the mother of two sons and two daughters. Both of her sons left their education in their teenage years and started work to financially support the family. Her eldest son works in a factory for a low income and the second one is an embroidery expert. Safina is only able to provide an education to her elder daughter who is 16 years old and studying in class 9th.

Safina is a very supportive lady in nature. She sews clothes for her neighboring clients to earn an income for her family. She has applied for a loan from Kiva partner Asasah for the further expansion of her sewing business. With the loan, she will buy a new sewing machine that will allow her to finish the orders on time and increase her profits. She has been operating her business for the past seven years and is very confident that an investment will be a profitable one for her.

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
  • 143
    View loans »
    Pakistan Loans Fundraising
  • $13,462,325
    Funds lent in using Kiva
  • 86.9
    Pakistan Rupees (PKR) = $1 USD

Success!! The loan was 100% repaid

A portion of Safina's Group's $1,225 loan helped a member to buy a new sewing machine for sewing business.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 22, 2011
Listed
Aug 29, 2011
Currency Exchange Loss:
Possible
Ended:
Aug 15, 2012