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Rasoolan's Group
In this Group: Rasoolan, Sajida Ashraf, Mahmood Begum, Samina Kosar, Parveen Akhtar
Rasoolan is by nature a very supportive lady. She is involved in the animal sales business. She buys animals from the animal market and sells to customers at a profit after raising them. She does this work to support her husband financially. Her husband is a laborer by profession. Rasoolan is also a very good housewife and performs her household duties very well. Rasoolan has 5 children. All of them have gotten their education up to the 5th standard and haven't been able to study further due to financial constraints. Two of them started working, and the others stay at home.

Rasoolan has applied for a loan from Kiva partner, Asasah, for her animal business. With the loan, she will buy young goats and sell them at a good profit. She started this business two years ago, and it is returning good profits. She is confident that an investment will be a profitable one for her.
Note: “In the photo, the lady with a book (called Asasah Passbook) is Rasoolan”.

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
  • 162
    View loans »
    Pakistan Loans Fundraising
  • $13,278,425
    Funds lent in using Kiva
  • 87.4
    Pakistan Rupees (PKR) = $1 USD

Success!! The loan was 100% repaid

A portion of Rasoolan's Group's $1,100 loan helped a member to buy goats for animal sales business.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 23, 2011
Listed
Sep 30, 2011
Currency Exchange Loss:
Possible
Ended:
Sep 15, 2012