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Shahnaz's Group
In this Group: Shahnaz, Sabahat, Shahnaz Begum, Perveen Kosar, Aasia, Ruqiya
Shahnaz is a seamstress, and sews clothes for her neighboring clients. She earns reasonably good profits every month. She started this business a few years ago because her husband’s income was not enough to fulfill the needs of the whole family. Shahnaz has given birth to three daughters and three sons; five of them are studying while her elder son left his education after 6th grade, and started a scrap selling business.

He is in the process of establishing his business, and Shahnaz has applied for a loan from KIVA partner Asasah to help him. With the loan he will buy scrap in bulk quantity to be able to fulfill his clients' requirements and increase his profits.

Shahnaz is hopeful that an investment will help her son in his business, and he will be able to run it better.


Note: "In the picture, the lady who has passbook (called Asasah passbook) in her hand is Shahnaz."

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
  • 274
    View loans »
    Pakistan Loans Fundraising
  • $14,699,975
    Funds lent in using Kiva
  • 86.9
    Pakistan Rupees (PKR) = $1 USD

Success!! The loan was 100% repaid

A portion of Shahnaz's Group's $1,125 loan helped a member to buy scrap for scrap selling business.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 16, 2011
Listed
Dec 1, 2011
Currency Exchange Loss:
Possible
Ended:
Nov 15, 2012