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Khalida's Group
In this Group: Khalida, Perveen, Iram, Allah Rakhi, Allah Rakhi, Azra Perveen
Khalida, age 54, is a decorative embroidery expert, making beautiful looking embroidered clothes that sell for good prices in the market. She is very active and skillful and loves to do embroidery. Her clients trust in the quality of her goods and services and provide her with regular orders every month. Her husband is a shopkeeper and operates his shop in the nearby market. Khalida has given birth to three children. All of them have left their education and are currently looking for work.

She has applied for a loan from KIva partner Asasah for the further improvement of her embroidery business. She will utilize the loan amount by purchasing thread, beads, and cloth in bulk quantities that will allow her to attract more clients by providing them with even better quality services.

She is very experienced in her work and has been operating her business for many years. She is confident that a loan investment will help her bring in more profits for 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
  • 210
    View loans »
    Pakistan Loans Fundraising
  • $14,459,275
    Funds lent in using Kiva
  • 86.9
    Pakistan Rupees (PKR) = $1 USD

Success!! The loan was 100% repaid

A portion of Khalida's Group's $1,500 loan helped a member to buy beads, thread, and cloth in bulk quantities for her decorative 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