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Khalida's Group
In this Group: Khalida , Zainab, Seema, Shazia, Zainab, Shamshad
Khalida, 44 years old, is married and has 4 sons and a daughter. Her eldest son sells samosay, a local food made of flour, and two of her children are studying. Khalida is a housewife who stays at home to carry out household responsibilities.

Khalida's husband sells peanuts. He purchases them at wholesale prices and sells them for a profit from his shop. He is a very hardworking person who works with great dedication to fulfill the needs of his family. Khalida has applied for a loan from KIVA's partner, Asasah, for her husband’s business. He will use the loan to buy peanuts in larger quantities and of better quality, which will allow him to sell for higher profits. He is very experienced and knows the ups and downs of his business very well. Khalida is confident that an investment will help him make more income for the family.

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

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
  • 278
    View loans »
    Pakistan Loans Fundraising
  • $14,699,975
    Funds lent in using Kiva
  • 90.0
    Pakistan Rupees (PKR) = $1 USD

Success!! The loan was 100% repaid

A portion of Khalida's Group's $1,350 loan helped a member to buy peanuts to resell.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 22, 2011
Listed
Jan 1, 2012
Currency Exchange Loss:
Possible
Ended:
Dec 15, 2012