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Majeedan's Group
In this Group: Majeedan, Nazia, Suriya, Najma, Razia
"My name is Majeedan B. and I come from a mid-size city, Multan, Pakistan. I am the mother of eight: one daughter and seven sons. Currently, two of my sons attend school while the others are working. I am a textile designer and I embroider clothes. I want to expand my business for which purpose I require a loan. I live here with my family in a four-room mud brick house.

I am a group leader of several other women: Nazia B. requires loan for their stitching and embroidery business. Suriya B. requires a loan for her embroidery business. Najma B. buys and sells used items. Razia B. will use the loan in their embroidery business."

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
  • 212
    View loans »
    Pakistan Loans Fundraising
  • $13,144,825
    Funds lent in using Kiva
  • 62.4
    Pakistan Rupees (PKR) = $1 USD

Success!! The loan was 100% repaid

A portion of Majeedan's Group's $1,225 loan helped a member expand my textile design 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