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Razia's Group
In this Group: Razia, Surriya , Perveen, Ayesha, Sana, Kiran, Perveen, Asia
Razia is 36 years old, married and a mother of 2 sons and a daughter. her eldest son is a rickshaw driver while her remaining two children are enrolled in local school and getting their education.
Razia is a housewife as well as working lady. She is an embroidery expert and makes beautiful looking embroidered clothes for her community clients.
Her husband is a rickshaw driver and provides transport services to his passengers.
Razia has applied for a loan from KIVA partner Asasah because her husband wants to expand his business. With the loan investment, he will buy another rickshaw which he will give on rent for making extra profits.
Razia is very confident that by improving her husband’s business, her family will be able to enjoy better financial life.

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
  • 215
    View loans »
    Pakistan Loans Fundraising
  • $13,110,925
    Funds lent in using Kiva
  • 90.6
    Pakistan Rupees (PKR) = $1 USD

Success!! The loan was 100% repaid

A portion of Razia's Group's $1,675 loan helped a member to buy an Autorickshaw for transport business.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 7, 2012
Listed
Mar 2, 2012
Currency Exchange Loss:
Possible
Ended:
Feb 15, 2013