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Zubaida's Group
In this Group: Zubaida , Khursheed Bibi, Bilquis Bibi, Irshad Bibi, Bashiran Bibi, Shahida Bibi, Jamila
Zubaida is 45 years old. She has passed the 10th standard in school. Through her education, she got a clerk's post in a company. She serves them by working 8 hours a day. She also owns & operates a sewing business at her home to supplement the income for her family. Her husband has started a tailoring business. He sews men's clothes in particular and earns reasonably good income.
Zubaida has applied for a loan from Kiva partner, Asasah, because she wants to buy a new sewing machine and hire an assistant to expand her sewing business. A new machine will allow her to take more orders and finish them on time to increase her profits.
She is very expert in her business and very confident that an investment will be beneficial 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

  • $3,004
    Average annual income
  • 214
    View loans »
    Pakistan Loans Fundraising
  • $13,109,125
    Funds lent in using Kiva
  • 87.3
    Pakistan Rupees (PKR) = $1 USD

Success!! The loan was 100% repaid

A portion of Zubaida's Group's $1,625 loan helped a member to buy a new sewing machine for sewing business.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 4, 2011
Listed
Oct 15, 2011
Currency Exchange Loss:
Possible
Ended:
Sep 15, 2012