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Shagufta's Group
In this Group: Shagufta, Ghafooran, Hajraan, Gulshan, Anwer Sultana, Irshaad, Najma, Safia, Perveen, Mussarat, Shahnaz
Shagufta has applied for a loan from KIVA partner Asasah for her husband’s grocery store business. With the loan investment, he will buy grocery items such as salt, sugar, cooking oils, and snacks for the further improvement of his business. This will allow him to fulfill the client's orders ontime and increase his sales and profits.
Shagufta is a housewife, and stays at home to take care of her household responsibilities. She is very efficient and takes care of her family very well.
She has given birth to three children. All of them are enrolled in the local school and are continuing their education.
She is very hopeful that her husband will make good use of the loan and successfully be able to increase his sales and profits.

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
  • 310
    View loans »
    Pakistan Loans Fundraising
  • $14,499,975
    Funds lent in using Kiva
  • 90.6
    Pakistan Rupees (PKR) = $1 USD

Success!! The loan was 100% repaid

A portion of Shagufta's Group's $2,825 loan helped a member to buy grocery items for a grocery selling business.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 8, 2012
Listed
Mar 2, 2012
Currency Exchange Loss:
Possible
Ended:
Feb 15, 2013