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Rasoolan's Group
In this Group: Rasoolan, Kalsoom, Zubaida, Rukhsana, Ramzana, Khursheedan, Zubaida
Rasoolan, 46 years of age, is very active and operates a decorative embroidery business from her home. She receives orders from her neighboring clients and fills the orders on time to earn an income. Rasoolan has 4 sons; the eldest is a laborer and the others are studying.

Rasoolan's husband has a business selling animals. He purchases sheep and goats at a young age, raises them and sells them to butchers once they become healthy and older. Rasoolan has applied for a loan from KIVA's partner, Asasah, for her husband’s business. He will use the loan to buy sheep and goats in larger numbers for reselling at a profit. He has been operating his business for many years and Rasoolan is confident of his business success after investing this loan.

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
  • 228
    View loans »
    Pakistan Loans Fundraising
  • $13,698,675
    Funds lent in using Kiva
  • 89.7
    Pakistan Rupees (PKR) = $1 USD

Success!! The loan was 100% repaid

A portion of Rasoolan's Group's $1,675 loan helped a member to buy goats and sheep.
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