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Halimaan's Group
In this Group: Halimaan , Razia Bibi, Imam Hussain Begum, Suraiya Bibi, Anwar Noreen, Hanifan Bibi
Halimaan is 43 years old, married, and has seven children. She couldn’t provide education to all of them due to poor financial conditions. She is very skillful and makes Pranaday, which is a very popular product among women, used to tie up hair. Her husband makes mud utensils. He has great artful hands and makes beautiful looking utensils which he sells to different shops for profits. Four of her children also work. They do different kinds of businesses to financially contribute to the family. Halimaan has applied for a loan from Kiva partner Asasah for the further expansion of her Pranaday making business. With the loan, she will buy thread and beads in larger quantities to make Paranday of different kinds (simple and beaded). She has been operating her business for many years, and is very confident that an investment will help her improve her sales and 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

  • $3,004
    Average annual income
  • 234
    View loans »
    Pakistan Loans Fundraising
  • $13,718,875
    Funds lent in using Kiva
  • 87.3
    Pakistan Rupees (PKR) = $1 USD

Success!! The loan was 100% repaid

A portion of Halimaan's Group's $1,325 loan helped a member to buy thread and beads for Paranday making business.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 13, 2011
Listed
Oct 20, 2011
Currency Exchange Loss:
Possible
Ended:
Oct 15, 2012