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Firdos' Group
In this Group: Firdos, Zarina, Laiqa, Arjaman
My name is Firdos A.. I am married and have eight children, six boys and two girls. I live with my family in Multan, a mid-sized city in Southern Punjab, a province of Pakistan. One of my sons runs a TV cable agency and we need a loan to expand his business. I am borrowing in a group that includes three other women: Zarina I. runs a boutique. Laiqa N. is borrowing to expand her husband’s auto workshop. Arjaman B. also operates a boutique. These women are poor and need loans to expand their companies. Please help us secure the required amount of our loan and grow our businesses.

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
  • 273
    View loans »
    Pakistan Loans Fundraising
  • $14,708,500
    Funds lent in using Kiva
  • 63.0
    Pakistan Rupees (PKR) = $1 USD

Success!! The loan was 100% repaid

A portion of Firdos' Group's $800 loan helped a member expand a TV cable agency and three other small businesses.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Mar 3, 2008
Listed
Feb 17, 2008
Currency Exchange Loss:
Covered
Ended:
Apr 15, 2009