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Shamim's Group
In this Group: Shamim , Mumtaz, Zahra Bibi, Nusrat Bibi, Abida Khan, Naseem Akhtar
A talented lady, Shamim owns & operates a boutique business. She operates her business from her home. She prepares beautiful looking clothes and sells them to different shops and also to her community clients thus earning good profits.
Her creative & high-quality work allows her to receive good orders every month along with good profits. She does this work to supplement the family's income.
She is not very educated but her business sense is very good and she confidently handles her clientele base.
She has applied for a loan from Kiva partner Asasah for her boutique business. With the loan, she will buy clothes, lace, beads, and tussles in larger quantities to prepare beautiful looking dresses.
She is confident that her business will expand further after the investment of the loan funds.

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
  • 301
    View loans »
    Pakistan Loans Fundraising
  • $13,746,850
    Funds lent in using Kiva
  • 87.4
    Pakistan Rupees (PKR) = $1 USD

Success!! The loan was 100% repaid

A portion of Shamim's Group's $1,175 loan helped a member to buy materials like clothes, lace, beads, and tussles for her boutique business.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 11, 2011
Listed
Oct 17, 2011
Currency Exchange Loss:
Possible
Ended:
Oct 15, 2012