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Munnawer's Group
In this Group: Munnawer, Shahnaz, Maqboola
My name is Munnawer B. from Lahore, the second largest city in Pakistan. I am married and a mother of seven children, of which three are married. I work in a public institute and one of my sons is a rickshaw driver. He needs a loan to fix his rickshaw and purchase new tires for it.


My other group members would use the loan as follows: Shahnaz A. wants to purchase wood; Maqboola B. sells cloth and would like to purchase additional inventory. I volunteered to become their leader so that I could help them get loans for their businesses.

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
  • 165
    View loans »
    Pakistan Loans Fundraising
  • $13,425,575
    Funds lent in using Kiva
  • 61.2
    Pakistan Rupees (PKR) = $1 USD

Success!! The loan was 100% repaid

A portion of Munnawer's Group's $600 loan helped a member repair a rickshaw and purchase tires.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Mar 23, 2008
Listed
Mar 8, 2008
Currency Exchange Loss:
Covered
Ended:
Apr 15, 2009