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Khalida's Group
In this Group: Khalida, Hafizan, Kosar Parveen, Pervaiz
Khalida is 55 years old and a mother of four children: three sons and a daughter. Her eldest son is married and operates a grocery store in the market where he sells daily-use items such as cooking oil, lentils, spices etc. His behavior with his customers is very good and his prices are also very reasonable; that’s why he has a good number of customers who purchase groceries from him regularly. Her other children are enrolled in a local school and getting their education.

Khalida stays at home and does her household responsibilities. She has applied for a loan from Kiva partner Asasah because her son wants to expand his grocery store business. With the loan, he will purchase groceries in bulk quantity which will allow him to fill the needs of his clients and earn more profits. He has been operating his business for the past three years and Khalida is hopeful that the loan will help him expanding his business and increase his profits.

She is a new loan user of Asasah.

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

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
  • 225
    View loans »
    Pakistan Loans Fundraising
  • $13,733,275
    Funds lent in using Kiva
  • 86.8
    Pakistan Rupees (PKR) = $1 USD

Success!! The loan was 100% repaid

A portion of Khalida's Group's $700 loan helped a member to buy groceries for grocery store business.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 23, 2011
Listed
Aug 31, 2011
Currency Exchange Loss:
Possible
Ended:
Aug 15, 2012