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Salma's Group
In this Group: Salma, Salma, Nargis, Sardaran
I am Salma B. and my husband's name is Sohail Khalid. I have five children, three boys and two girls. My husband and one of my sons run a store where they sell cement and other construction materials. They have been in this business for a number of years, and we are applying for a loan to expand their business.


My loan group includes three other women. Salma I.’s son operates a lathe and requires a loan to expand his business. Nargis P. needs this loan for her husband’s shoe store. Sardaran B. needs loan for her son's business. I want all of these women to get loans so that they can improve their families’ incomes and lives.

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
  • 179
    View loans »
    Pakistan Loans Fundraising
  • $13,079,825
    Funds lent in using Kiva
  • 62.4
    Pakistan Rupees (PKR) = $1 USD

Success!! The loan was 100% repaid

A portion of Salma's Group's $1,125 loan helped a member to buy equipment and supplies we need to expand our businesses.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Feb 10, 2008
Listed
Jan 27, 2008
Currency Exchange Loss:
Covered
Ended:
Mar 15, 2009