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Farzana's Group
In this Group: Farzana , Rehana, Sakina , Sughran, Naseem, Kosar Perveen
Farzana has applied for a loan from Kiva partner Asasah for the improvement of her decorative embroidery business. She has great technical skills and can craft beautiful embroidered clothes for her clients. Due to her good quality services, her embroidered clothes are in high demand among her clients. With this loan, Farzana will buy embroidery material, such as beads and thread, in bulk quantity to be able to prepare even better looking clothes and increase her sales and profits.

Farzana's husband also operates a decorative embroidery business. Both she and her husband together earn reasonably good profits, which helps them fulfill the basic needs of their family. Farzana has given birth to five children, three of whom are studying, while the other two remain at home. She is a great wife and very caring mother and is raising her children very well.

Farzana is very experienced in her business and has been operating it for many years. She is confident about her business's continued success as a result of this loan.

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
  • 151
    View loans »
    Pakistan Loans Fundraising
  • $13,439,025
    Funds lent in using Kiva
  • 86.9
    Pakistan Rupees (PKR) = $1 USD

Success!! The loan was 100% repaid

A portion of Farzana's Group's $875 loan helped a member to buy beads and thread for her embroidery business.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 17, 2011
Listed
Dec 1, 2011
Currency Exchange Loss:
Possible
Ended:
Nov 15, 2012