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Razia's Group
In this Group: Razia, Nazia , Phool Bibi, Nazia, Surriya, Nasreen, Robina, Shakila, Sajida, Perveen, Shumaila
Razia is requesting a loan from Kiva's partner, Asasah, for her sewing business. With the loan, she will buy a new sewing machine because her current machine is creating problems and needs replacement. By purchasing a new sewing machine, she will be able to finish her orders on time and increase her income.

Razia is the mother of two children. Both of them are young and stay at home. Due to financial constraints, Razia couldn’t educate them. She is an experienced lady and has been operating her business for the past many years. She is confident that an investment will help her improve her business.

In the photo, the lady holding a book (an Asasah passbook) is Razia.

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
  • 233
    View loans »
    Pakistan Loans Fundraising
  • $13,718,875
    Funds lent in using Kiva
  • 89.8
    Pakistan Rupees (PKR) = $1 USD

Success!! The loan was 100% repaid

A portion of Razia's Group's $1,750 loan helped a member to buy a new sewing machine for a sewing business.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 19, 2011
Listed
Jan 1, 2012
Currency Exchange Loss:
Possible
Ended:
Dec 15, 2012