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Rashida's Group
In this Group: Rashida, Nasreen, Jamila, Farzana, Rameez, Sughran, Sardaran
Rashida has applied for a loan from KIVA partner Asasah for her husband’s sales business. He supplies toffees, candies and other grocery items to different grocery and general stores in the market. With the loan investment, he will buy items in bulk quantities to increase his sales and profits. Rashida is very confident that her husband will make good use of the loan investment and will successfully be able to improve his business.

Rashida is a housewife. She stays at home and does her household responsibilities. She is a very responsible person and her family is very happy with her efforts. She has given birth to 5 children, none of them could get an education due to financial constraints. Rashida wants to send her younger children to school and she is confident that she will be able to do so once her husband’s business gets improved.

Note: In the photo, the lady holding a book (Called Asasah Passbook) is Rashida.

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
  • 279
    View loans »
    Pakistan Loans Fundraising
  • $14,699,975
    Funds lent in using Kiva
  • 90.7
    Pakistan Rupees (PKR) = $1 USD

Success!! The loan was 100% repaid

A portion of Rashida's Group's $1,050 loan helped a member to buy wholesale merchandise.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 13, 2012
Listed
Mar 2, 2012
Currency Exchange Loss:
Possible
Ended:
Feb 15, 2013