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Maqsood Bibi's Group
In this Group: Maqsood Bibi, Ramzan Bibi, Naziran Bibi, Shazia Bibi, Sajida Bibi, Mumtaz Bibi, Shazia Parveen, Zakia Bibi
Maqsood Bibi is a 55-year-old woman. She is married and lives with her family, a husband and three children who are 22, 21, and 19 years old. Her elder son is an expert at making embroidered dresses while her younger son works for a private company. Her daughter is a nurse and works in a clinic. Maqsood and her husband are very hard-working by nature. They both work in order to help each other financially.

Maqsood owns and operates a sewing business from her home. She takes orders from her community clients and bases her fees on the work she is asked to do. Her clients are satisfied with her and don’t argue about her rates.

Her husband is a scrap dealer who sells scrap to factories and other scrap dealers at a profit. Maqsood is requesting a loan from Kiva partner Asasah for her husband’s business. He intends to use the loan to purchase scrap in bulk, which he will sell in order to generate more revenue. Maqsood is hopeful that the loan investment will bring positive financial changes to his business and her family’s standard of living will be improved further.

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

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
  • 155
    View loans »
    Pakistan Loans Fundraising
  • $13,432,675
    Funds lent in using Kiva
  • 87.9
    Pakistan Rupees (PKR) = $1 USD

Success!! The loan was 100% repaid

A portion of Maqsood Bibi's Group's $1,425 loan helped a member to buy scrap to sell.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 25, 2011
Listed
Dec 1, 2011
Currency Exchange Loss:
Possible
Ended:
Nov 15, 2012