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Khursheed's Group
In this Group: Khursheed , Mumtaz, Shazia, Nargis, Fuqraz
Khursheed is married and her husband has a business selling bed sheets. He puts the bed sheets on his bicycle and visits different places & markets. He is very experienced in his work and has been operating his business for many years.
Khursheed is a housewife and also helps her husband in arranging the bed sheets on his bicycle.
She has given birth to 6 children. Her eldest son also has a business selling bed sheets while the youngest one is studying. Her remaining children stay at home and do not work.
Khursheed has applied for a loan from Kiva partner Asasah for the further expansion of her husband’s business. With the loan, he will buy bed sheets in larger quantities for sale.
Khursheed hopes that an investment will bring positive changes to her husband’s business and will help her family to live better financially.

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
  • 271
    View loans »
    Pakistan Loans Fundraising
  • $14,499,975
    Funds lent in using Kiva
  • 87.4
    Pakistan Rupees (PKR) = $1 USD

Success!! The loan was 100% repaid

A portion of Khursheed's Group's $750 loan helped a member to buy bed sheets for sale.
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