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Lateefan's Group
In this Group: Lateefan, Sughran, Surriya, Khursheed, Zarina
Lateefan has requested a loan from KIVA partner Asasah for her shoe making and sales business. She will use the loan to buy leather, shoe laces, etc. which will allow her to make better quality shoes and increase her sales and profits. Lateefan is very experienced in her work and is confident that an investment will bring more profits to her and expand her business.

Lateefan has 3 sons and 3 daughters. Her 2 daughters also support her in her business while her eldest son sells fruits.

Note: In the photo, Lateefan is holding a book (the Asasah Passbook).

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
  • 237
    View loans »
    Pakistan Loans Fundraising
  • $14,178,125
    Funds lent in using Kiva
  • 90.2
    Pakistan Rupees (PKR) = $1 USD

Success!! The loan was 100% repaid

A portion of Lateefan's Group's $950 loan helped a member to buy leather and shoe laces.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 20, 2012
Listed
Feb 1, 2012
Currency Exchange Loss:
Possible
Ended:
Jan 15, 2013