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Shahnaz's Group
In this Group: Shahnaz, Rabia, Rehana, Najma, Naziraan, Halima, Maqboolan, Zubaida, Fozia, Khalida Perveen
Shahnaz has applied for a loan from KIVA partner Asasah for her eldest son’s motorbike repair shop. With the loan investment, he will purchase spare parts and tools to provide better-quality repair services to his customers. He has good technical skills, and his clients trust his quality services.

Shahnaz is hopeful that a loan investment will help her son to earn more profits by improving his business. She is a housewife, who stays at home and does her household responsibilities. She has given birth to 3 sons and 3 daughters. Her second son is illiterate while the other four children are getting their education. Her husband is a driver and provides transport services to his passengers.

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

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
  • 210
    View loans »
    Pakistan Loans Fundraising
  • $14,459,275
    Funds lent in using Kiva
  • 89.9
    Pakistan Rupees (PKR) = $1 USD

Success!! The loan was 100% repaid

A portion of Shahnaz's Group's $2,350 loan helped a member to buy spare parts and tools for a motorcycle repair 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