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Farhat's Group
In this Group: Farhat, Taj, Mumtaz, Farah, Yasmeen
Farhat is 27 years of age. She is married and has no child yet and lives in her father’s home.

She has applied for a loan from KIVA partner Asasah for the improvement of her brother’s livestock business. With the loan investment, he will buy another buffalo that will allow him to get a larger quantity of milk and increase his sales and profits.

He is new in his business and Farhat is hopeful that an investment will help him earn higher profits and get more established in his business.

Note: In the photo, the lady holding a book called Asasah Passbook is Farhat.

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
  • 236
    View loans »
    Pakistan Loans Fundraising
  • $14,178,125
    Funds lent in using Kiva
  • 89.9
    Pakistan Rupees (PKR) = $1 USD

Success!! The loan was 100% repaid

A portion of Farhat's Group's $850 loan helped a member to buy a buffalo for her livestock business.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 28, 2011
Listed
Jan 1, 2012
Currency Exchange Loss:
Possible
Ended:
Dec 15, 2012