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Rani Bibi's Group
In this Group: Rani Bibi, Shahnaz , Sajida, Khalida Parveen, Rashida, Shahnaz
Rani Bibi is a 42-year-old woman. She is married and lives with her family: a husband and a daughter. Rani’s days are focused on making progress with her business. She is involved in embroidery works. Her work is home-based. She crafts beautiful embroidery designs on clothes. Her excellent embroidery skills enable her to receive good orders from her clients and generate good revenue.

Rani's husband’s economic mainstay is selling fruit. He has good selling skills and he is renowned for his business. He has been operating his business for over 8 years. Rani is requesting a loan from Kiva partner Asasah for her husband’s business. He intends to use the loan to purchase fresh seasonal fruits for reselling. She hopes that her husband will grow the business more and improve the quality of services after the loan investment.

Note: “In the photo, the lady holding a book (called Asasah Passbook) is Rani 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
  • 197
    View loans »
    Pakistan Loans Fundraising
  • $13,654,625
    Funds lent in using Kiva
  • 87.9
    Pakistan Rupees (PKR) = $1 USD

Success!! The loan was 100% repaid

A portion of Rani Bibi's Group's $1,375 loan helped a member to buy fresh seasonal fruits for re-selling.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 28, 2011
Listed
Dec 1, 2011
Currency Exchange Loss:
Possible
Ended:
Nov 15, 2012