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Sheeman's Group
In this Group: Sheeman , Kosar Perveen, Shahnaz, Sajida Perveen, Rashida Perveen
Sheeman is a widow. She lost her husband a few years ago, leaving her to care for their five children. Now her children have grown older and they do different kinds of work to contribute to the family's finances. Sheeman remains at home and does her household tasks. She is still very active at the age of 57.

She has applied for a loan from KIVA partner Asasah for the further expansion of her eldest son’s business of selling betel leaves and cigarettes. With the loan he will buy betel leaves and cigarettes of different brands. This will allow him to sell more and earn better profits. He started his business two years ago. Sheeman is confident that her son will utilize the loan in a good way to earn maximum profits for his business.

Note: In the picture, the woman holding a passbook is Sheeman.

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
  • 168
    View loans »
    Pakistan Loans Fundraising
  • $13,510,575
    Funds lent in using Kiva
  • 86.6
    Pakistan Rupees (PKR) = $1 USD

Success!! The loan was 100% repaid

A portion of Sheeman's Group's $1,450 loan helped a member to buy betel leaves and cigarettes to sell.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 14, 2011
Listed
Nov 19, 2011
Currency Exchange Loss:
Possible
Ended:
Nov 15, 2012