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Rashida's Group
In this Group: Rashida, Shabana, Nasira, Farah, Sakina
Rashida has requested a loan from KIVA partner Asasah for her clothes selling business. She is a very supportive lady and started her business a few years ago to assist her husband financially. With the loan investment, Rashida will purchase clothes in bulk quantity at wholesale rates to further expand her business.

Rashida has given birth to 3 sons and all of them do different kinds of work to support the family. Her husband works in a mill for a low income. Rashida is a very good housewife too and performs her household duties very well. She is very confident that she will get more success in her business after investing the loan.

Note: In the photo, the lady raising her hand 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

  • $3,004
    Average annual income
  • 175
    View loans »
    Pakistan Loans Fundraising
  • $13,425,575
    Funds lent in using Kiva
  • 90.9
    Pakistan Rupees (PKR) = $1 USD

Success!! The loan was 100% repaid

A portion of Rashida's Group's $950 loan helped a member to buy clothes in bulk.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 20, 2012
Listed
Mar 3, 2012
Currency Exchange Loss:
Possible
Ended:
Feb 15, 2013