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Nasreen's Group
In this Group: Nasreen, Jamila, Irshaad, Taaj, Noor , Kousar, Rani, Shahnaz
Nasreen is requesting a loan from Kiva partner Asasah for her husband, who is a rickshaw driver and provides transportation services to his passengers. With the loan investment, he will pay the remaining installments on his rickshaw. This will make the rickshaw his own property and he will be able to run it more freely and increase his profits.

He is a very good driver and also provides pick-up and drop-off services to different school children. Parents of school children trust his driving and offer him good money for that purpose.

Nasreen is a seamstress and works for her neighboring clients. She is very skillful and never compromises on quality. Her principal of not compromising on quality helps her in attracting more customers toward her.

She is the mother of five children; two of them are studying while the others are young and haven’t started their education. She is very hopeful that her step of receiving a loan from Asasah will have a good impact on her husband’s business.

Note: In the photo, the lady holding a book (called Asasah Passbook) is Nasreen.

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
  • 283
    View loans »
    Pakistan Loans Fundraising
  • $14,693,800
    Funds lent in using Kiva
  • 87.1
    Pakistan Rupees (PKR) = $1 USD

Success!! The loan was 100% repaid

A portion of Nasreen's Group's $1,850 loan helped a member to pay the remaining installments on the rickshaw.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 21, 2011
Listed
Dec 1, 2011
Currency Exchange Loss:
Possible
Ended:
Nov 15, 2012