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Zahida's Group
In this Group: Zahida, Salma, Khadija, Sadika
"I am Zahida A.. I have lived all my life in Multan, a historic city in Pakistan. I live in a one-room brick house here in Multan. I have been embroidering since my teens. Now, I want to start my own embroidery business. With the increase in income, I plan to repair my house.

My group members also need financial assistance; therefore we are requesting a loan for our group.

Salma B. wants to buy a yarn machine. Khadija B. wants a loan for their cloth manufacturing business. Sadika B. will use the loan to buy cloth for her little business.


I feel very proud that I am able to help these women and myself."

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
  • 211
    View loans »
    Pakistan Loans Fundraising
  • $13,141,000
    Funds lent in using Kiva
  • 62.4
    Pakistan Rupees (PKR) = $1 USD

Success!! The loan was 100% repaid

A portion of Zahida's Group's $975 loan helped a member start up an embroidery business.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Feb 8, 2008
Listed
Jan 25, 2008
Currency Exchange Loss:
Covered
Ended:
Mar 15, 2009