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Perveen's Group
In this Group: Perveen, Rukhsana, Aneela, Khursheed Akhtar, Munawar
Perveen is 52 years old, married and has four children: two sons and two daughters. She couldn’t educate her children due to financial constraints and they started working in as teenagers to financially contribute to the family.

Perveen is a very supportive lady in nature. She supports her family with her decorative embroidery business. She is very skillful and works with great dedication. She crafts beautiful designs on clothes, which attracts many customers.

She has applied for a loan from Kiva partner Asasah for the further expansion of her decorative embroidery business. With the loan, she will buy embroidery material in bulk quantity to be able to prepare better quality embroidered clothes and increase her profits. She has been operating her business for the past 10 years and is confident that an investment will be a productive one for her.

Note: In the photo, the lady with a book (called Asasah Passbook) is Perveen.

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
  • 163
    View loans »
    Pakistan Loans Fundraising
  • $13,507,225
    Funds lent in using Kiva
  • 87.4
    Pakistan Rupees (PKR) = $1 USD

Success!! The loan was 100% repaid

A portion of Perveen's Group's $1,325 loan helped a member to buy embroidery material.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 26, 2011
Listed
Oct 4, 2011
Currency Exchange Loss:
Possible
Ended:
Sep 15, 2012