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Salma's Group
In this Group: Salma, Shahida, Nazeeran, Samina, Manzooran, Iqbal, Nasreen, Asma
Salma is 35 years old, married and a mother of 6 children. Her eldest son works in the court while others are studying in local schools except the youngest daughter who is only 3 years of age.
Salma is a seamstress and sews clothes for her neighboring clients. Due to her good quality work, she receives regular orders every month.
Her husband sells animals. He purchases buffalos and then sells for profit.
Salma has applied for a loan from KIVA partner Asasah for her husband who will buy a buffalo to later sell and earn profits on the buffalo's milk in the meantime.
He has been operating his business for many years and Salma is very confident that a loan investment will help him earn more profits from his business.

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
  • 211
    View loans »
    Pakistan Loans Fundraising
  • $13,141,000
    Funds lent in using Kiva
  • 90.8
    Pakistan Rupees (PKR) = $1 USD

Success!! The loan was 100% repaid

A portion of Salma's Group's $1,875 loan helped a member to buy buffalo for her husband's animal sales business.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 10, 2012
Listed
Feb 1, 2012
Currency Exchange Loss:
Possible
Ended:
Jan 15, 2013