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Perveen's Group
In this Group: Perveen, Gulshan, Mukhtaran, Safia, Perveen Akhter, Sajida, Nasreen, Shabana
Perveen is 45 years old, married, and has 2 sons. Both of her sons are young and illiterate. They are butchers and sell chicken meat. Her husband also sells chicken meat. He is 53 years of age and has been operating his business for the past many years. He is very fair in his rates and deals with his customers in a professional manner.

Perveen is a seamstress and sews clothes for her neighboring clients. She is very skillful and receives a good number of orders every month.

She has applied for a loan from KIVA partner Asasah for the further expansion of her husband’s business. With the loan investment, he will buy chickens in larger numbers that will allow him to fill larger orders on time and increase his profits. The wedding season is going on and Perveen is confident that an investment will help her husband make his business more profitable.

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

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
  • 210
    View loans »
    Pakistan Loans Fundraising
  • $13,144,000
    Funds lent in using Kiva
  • 89.6
    Pakistan Rupees (PKR) = $1 USD

Success!! The loan was 100% repaid

A portion of Perveen's Group's $1,850 loan helped a member to buy chickens for her family's meat-selling business.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 16, 2011
Listed
Jan 1, 2012
Currency Exchange Loss:
Possible
Ended:
Dec 15, 2012