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Surriya's Group
In this Group: Surriya, Sehrish, Shameem, Roote, Jameela
Surriya has applied for a loan from Kiva partner Asasah for her son. He makes ladies' wallets and handbags. With the loan investment, he will buy leather, thread, and other raw material used in making handbags and wallets of better quality and in larger quantity. This will allow him to fulfill larger orders and increase his sales and profits. Surriya is a seamstress who sews clothes for her neighboring clients. She does this to share the financial burden with her family.

Her remaining two sons also have businesses making ladies' wallets, while her daughter is a beautician. Surriya is confident that by investing the loan, her son will successfully be able to increase his sales and profits.

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

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
  • 245
    View loans »
    Pakistan Loans Fundraising
  • $13,737,225
    Funds lent in using Kiva
  • 90.4
    Pakistan Rupees (PKR) = $1 USD

Success!! The loan was 100% repaid

A portion of Surriya's Group's $1,400 loan helped a member to buy leather, thread and other raw material to make ladies' handbags and wallets.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 1, 2012
Listed
Mar 1, 2012
Currency Exchange Loss:
Possible
Ended:
Jan 15, 2013