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Naseem Bibi's Group
In this Group: Naseem Bibi , Khalida Bibi, Jamila Bibi, Razia Bibi, Zarina Bibi
Naseem bibi is married with four children: one daughter and three sons. All of them are getting their education. Naseem herself is a housewife who stays at home and manages the household work. She makes the utmost effort to provide comfort to her family by fulfilling their needs.

Her husband is involved in the sofa making business. He makes sofas on order and earns income for the family. He has been in this business for many years. His experience in his field helps him get good orders from his clients.

Naseem has applied for a loan from Kiva partner Asasah for the further expansion of her husband’s business. With the loan, he will buy foam, thread & cloth in bulk to be able to fulfill orders on time and earn maximum profits. She is hopeful that an investment will prove beneficial for her husband.

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
  • 258
    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 Naseem Bibi's Group's $750 loan helped a member to buy foam, thread & cloth in bulk.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 12, 2011
Listed
Oct 18, 2011
Currency Exchange Loss:
Possible
Ended:
Oct 15, 2012