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Yasmeen's Group
In this Group: Yasmeen , Ghulam Fatima, Muhammad Bibi, Naseeba Bibi, Naseem
Yasmeen is a widow and mother of two sons. Her husband's death was a very difficult time for her, but she never gave up and started her grocery business at home to raise her children. Now her sons are young and do work. They are involved in an embroidery and sewing business.

Yasmeen has applied for a loan from Kiva partner Asasah for her eldest son, who wants to buy another sewing machine and clothes for the further expansion of his business. He will also hire a worker, which will allow him to finish the orders on time and increase his sales and profits. He has vast experience in his business and Yasmeen is very confident that an investment will be a productive one for him. She wants him to marry soon and is hopeful that an improved business condition will help her make savings for that purpose.

Note: "In the photo, the lady raising her hand is Yasmeen".

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
  • 195
    View loans »
    Pakistan Loans Fundraising
  • $13,654,625
    Funds lent in using Kiva
  • 86.8
    Pakistan Rupees (PKR) = $1 USD

Success!! The loan was 100% repaid

A portion of Yasmeen's Group's $1,450 loan helped a member to buy another sewing machine and clothes for an embroidery and sewing business.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 25, 2011
Listed
Nov 5, 2011
Currency Exchange Loss:
Possible
Ended:
Oct 15, 2012