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Naseem's Group
In this Group: Naseem , Zeenat, Suraiya, Nazia
Naseem is 27 years old and has an embroidery business. She receives orders from community members and earns money after completing them. She does this work to financially support her husband. Her husband is a cobbler by profession; he makes shoes on order. He has business contacts with many shoe-selling shops in the market, and he completes their orders to earn income for the family.

Naseem is the mother of two daughters. Both of them are young and haven’t started their education. She is also a very good mother and a wife, taking care of her family by fulfilling their needs.

She has applied for a loan from Kiva partner Asasah for the further expansion of her husband's shoe-making business. With the loan, he will buy material such as leather and nails and a shoe polisher for making shoes in larger quantities to earn maximum profits.

He has been operating his business for the past nine years and is very confident that an investment will help him make his family’s financial life easier.

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
  • 144
    View loans »
    Pakistan Loans Fundraising
  • $13,482,925
    Funds lent in using Kiva
  • 86.6
    Pakistan Rupees (PKR) = $1 USD

Success!! The loan was 100% repaid

A portion of Naseem's Group's $1,275 loan helped a member to buy leather, nails and a shoe polisher for a shoe-making business.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 14, 2011
Listed
Nov 18, 2011
Currency Exchange Loss:
Possible
Ended:
Nov 15, 2012