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Surriya's Group
In this Group: Surriya , Sajida, Shahida Parveen, Bushra, Naseem, Shumaila Kosar
Surriya is a widow. Her husband died suddenly a few years ago. It was a very difficult time for Surriya but she never lost heart and worked very hard to raise her children. She is the mother of 3 sons, all of who left their education after 5th grade and started work to contribute financially to the family.

She performed her duties as a seamstress and started getting orders from her neighbors. She made her neighbors become regular customers due to the good-quality work she produces. Now she receives regular orders every month which enables her to generate income for her family.

She also has a buffalo whose milk she sells to her neighborhood clients and milk shops to earn extra profits. Surriya has applied for a loan from Kiva partner Asasah for the further expansion of her milk-selling business. With the loan, she will buy another buffalo that will allow her to get larger quantities of milk and increase her profits. She is hopeful that this investment will be more profitable for her.

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
  • 276
    View loans »
    Pakistan Loans Fundraising
  • $14,699,975
    Funds lent in using Kiva
  • 87.4
    Pakistan Rupees (PKR) = $1 USD

Success!! The loan was 100% repaid

A portion of Surriya's Group's $1,100 loan helped a member to buy another buffalo for milk-selling 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