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Nasreen's Group
In this Group: Nasreen, Sobia, Manzooran, Maroofan, Perveen, Najma, Ataaj, Perveen
Nasreen has requested a loan from KIVA partner Asasah for her husband’s scrap selling business. He will use the loan to buy scrap in bulk quantities that will allow him to fill larger orders on time and increase his sales and profits.

Nasreen is a housewife who stays at home and does her household responsibilities. She is very hardworking and has raised her 6 children with great effort. Due to financial constraints, she couldn’t educate all of her children. Only two of them are able to get education from a nearby school. Nasreen is hopeful that her husband will be able to increase his income by utilizing the loan and that she will be in a position to provide education to her remaining children as a result.

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

  • $4,700
    Average annual income
  • 277
    View loans »
    Pakistan Loans Fundraising
  • $14,699,975
    Funds lent in using Kiva
  • 90.3
    Pakistan Rupees (PKR) = $1 USD

Success!! The loan was 100% repaid

A portion of Nasreen's Group's $1,775 loan helped a member to buy scrap for her husband's business.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 19, 2012
Listed
Feb 1, 2012
Currency Exchange Loss:
Possible
Ended:
Jan 15, 2013