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Azra's Group
In this Group: Azra , Maryam Begum, Kalsoom Bibi, Abida Bibi, Suraiya
Azra has requested a loan from KIVA partner Asasah for the expansion of her Pranda and elastic sales business. Pranda is a traditional product used to tie women's hair firmly. It is a very popular product and has high demand in the country. She sells her products to the market and to her community clients at a profit. She does this work to financially contribute to the family.

With the loan investment, Azra will buy thread and beads in larger quantity for making Prandas in larger quantity and she will buy elastics to sell. She is very experienced in her business and has a good number of business contacts.

Her husband is an expert in furniture manufacturing and sells his furniture for a good price. Azra has given birth to four sons and a daughter. Except for her youngest son who is two years old, all the others are enrolled in local school and getting their education.

Azra is confident about her business improvement after the loan investment.

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
  • 159
    View loans »
    Pakistan Loans Fundraising
  • $13,470,225
    Funds lent in using Kiva
  • 89.1
    Pakistan Rupees (PKR) = $1 USD

Success!! The loan was 100% repaid

A portion of Azra's Group's $1,075 loan helped a member to buy thread, beads and elastics.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 26, 2011
Listed
Jan 1, 2012
Currency Exchange Loss:
Possible
Ended:
Dec 15, 2012