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Yasmeen's Group
In this Group: Yasmeen , Hasina, Sarwari, Sonia, Firdous
Yasmeen operates a shawls sales business to financially support her husband. She sells her shawls to different clothes shops in the market and earns good income. Her shawls are in high demand in her area as well. She sells a variety of shawls to her customers e.g. embroidered, simple and colorful. She makes good embroidery on her shawls, which helps increase her sales and get good profits.
Her husband has a job that earns a monthly wage. Yasmeen has given birth to two sons and a daughter. All of them are enrolled in a local school and are getting their education.
She has applied for a loan from Kiva partner Asasah for her shawls sales business. With the loan investment, she will buy colored thread, beads and colorful shawls in bulk quantity that will allow her to increase her sales and profits.
She is confident about her success as a result of 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
  • 295
    View loans »
    Pakistan Loans Fundraising
  • $13,759,750
    Funds lent in using Kiva
  • 89.4
    Pakistan Rupees (PKR) = $1 USD

Success!! The loan was 100% repaid

A portion of Yasmeen's Group's $1,075 loan helped a member to buy colored thread, beads and colorful shawls for selling.
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