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Musharaf's Group
In this Group: Musharaf , Kosar Bibi, Rabia Bibi
Musharaf is a caring lady who performs her household responsibilities by staying at home. In her spare time, she also supports her husband in managing his business, which is about selling milk.

She has applied for a loan from Kiva partner Asasah for the further expansion of her husband’s business. With the loan, her husband will buy another buffalo that will allow him to get a larger quantity of milk and increase his sales and profits.

He has been operating his business for the past eight years and Musharaf is hopeful that an investment will help her husband get more profits and increase his client base.

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

  • $4,700
    Average annual income
  • 273
    View loans »
    Pakistan Loans Fundraising
  • $14,714,900
    Funds lent in using Kiva
  • 87.5
    Pakistan Rupees (PKR) = $1 USD

Success!! The loan was 100% repaid

A portion of Musharaf's Group's $650 loan helped a member to buy another buffalo for the dairy business.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 22, 2011
Listed
Sep 29, 2011
Currency Exchange Loss:
Possible
Ended:
Sep 15, 2012