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Nasreen's Group
In this Group: Nasreen, Yasmeen Kosar, Nabeela Bibi, Perveen Akhter, Nasreen Bibi, Kalsoom Bibi, Saleem Bibi, Sheeman Bibi
Nasreen is an embroidery expert, and she also sews clothes for her neighboring clients. She is very skillful and has learned this art from her mother. Now, by using her skills, she supports her husband and earns reasonably good profits every month. Her husband is a bus conductor. He travels to different areas and mostly remains away from home.

Nasreen is the mother of 3 sons and a daughter. Her eldest son works while 2 of her remaining 3 children are enrolled in school and getting their education. She has applied for a loan from KIVA partner Asasah for the further expansion of her sewing business. With the loan investment, she will purchase a new sewing machine, because her current machine doesn't produce good quality work. The new sewing machine will allow her to complete the orders on time and increase her profits.

She has been operating her business for the past many years, and she is very confident that her business will be more successful after an investment.

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
  • 279
    View loans »
    Pakistan Loans Fundraising
  • $14,699,975
    Funds lent in using Kiva
  • 86.4
    Pakistan Rupees (PKR) = $1 USD

Success!! The loan was 100% repaid

A portion of Nasreen's Group's $1,875 loan helped a member to buy a new sewing machine for her sewing business.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 3, 2011
Listed
Nov 11, 2011
Currency Exchange Loss:
Possible
Ended:
Oct 15, 2012