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Mehmooda's Group
In this Group: Mehmooda , Nusrat Parveen, Rafeeqa, Nadia, Fozia
Mehmooda works very hard along with her husband to put 3 meals on the table for her family. She is a seamstress and sews clothes for her neighboring clients. She is very skilled in her profession and prepares beautiful looking clothes. She is the mother of 7 children. Her 3 elder children left their education after 8th grade while others are enrolled in a local school and continuing their education.

Her husband operates a Punjabi food restaurant. The taste of his food is very good and he has a good number of customers who come to his restaurant on a daily basis for lunch and dinner.

Mehmooda has applied for a loan from Kiva partner Asasah for her husband’s business. With the loan, he will buy some furniture to provide better seating facilities for his clients and food making ingredients like spices, cooking oil, flour, etc. in bulk quantity.

Mehmooda is very hopeful that an investment will help her husband in expanding his business and earning more profits.

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
  • 274
    View loans »
    Pakistan Loans Fundraising
  • $14,699,975
    Funds lent in using Kiva
  • 87.3
    Pakistan Rupees (PKR) = $1 USD

Success!! The loan was 100% repaid

A portion of Mehmooda's Group's $875 loan helped a member to buy furniture and food making ingredients for restaurant business.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 7, 2011
Listed
Oct 16, 2011
Currency Exchange Loss:
Possible
Ended:
Oct 15, 2012