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Razia's Group
In this Group: Razia , Veenus, Naseem, Rani Bibi, Zarina, Shamim, Parveen
A talented and caring lady, Razia operates a grocery store at her home to supplement the income for her family. She sells through her store edible items for children like chips and biscuits, and spices, lentils and cooking oil to her community clients. Her talent in dealing and reasonable rates attract clients to her store to buy products.

Her husband operates a local food business. He sells Samosay and Pakoray (a popular food items made with gram flour and filled with spices and potatoes). The taste of his products is very good and he makes good profits every month.

Razia has applied for a loan from Kiva partner Asasah for the further improvement of her husband’s business. With the loan, he will purchase required ingredients such as gram floor, cooking oil, potatoes and spices in bulk quantity that will allow him to earn better profits from his business. He has been operating his business for past many years and Razia is hopeful about his business success as a result of loan 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

  • $3,004
    Average annual income
  • 160
    View loans »
    Pakistan Loans Fundraising
  • $13,278,425
    Funds lent in using Kiva
  • 86.8
    Pakistan Rupees (PKR) = $1 USD

Success!! The loan was 100% repaid

A portion of Razia's Group's $1,625 loan helped a member to buy required ingredients for a local food business.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 16, 2011
Listed
Nov 21, 2011
Currency Exchange Loss:
Possible
Ended:
Nov 15, 2012