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Shameem's Group
In this Group: Shameem, Sumaira, Surriya Bibi, Ruqiyya, Nazia
Shameem is married and has two sons. Both of them have studied till the 8th grade and they are iron-smiths by profession. Her husband is a fruit seller. He sells a variety of fruit to his clients at cheap rates. The quality of his fruit is very good and he has good sales every day.

Shameem is a housewife: she is still very active at the age of 53 and performs her duties very well. She has applied for a loan from Kiva partner, Asasah, for her husband who wants to buy fresh fruit. This will help him to further increase his sales and profits.

He has been operating his business for many years. Shameem is very confident that after the loan investment, his business will grow further resulting in a better financial life for Shameem and her family.

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
  • 275
    View loans »
    Pakistan Loans Fundraising
  • $14,714,900
    Funds lent in using Kiva
  • 86.6
    Pakistan Rupees (PKR) = $1 USD

Success!! The loan was 100% repaid

A portion of Shameem's Group's $1,050 loan helped a member to buy fresh seasonal fruits for a fruit selling business.
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