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Nasreen's Group
In this Group: Nasreen, Khalida, Naseem, Sumaira, Faizan
Nasreen has applied for a loan from KIVA partner Asasah for her animal-selling business. With the loan investment, she will buy young goats and sheep. She will raise them by giving them good quality food and by taking care of them and will sell them to the butchers for a profit. She is a very experienced lady and has a good number of business contacts. She is confident that a loan investment will bring positive changes to her business.

She is very active and a mother of three daughters and a son. Her elder daughter is illiterate and the others are continuing their studies. Nasreen is very skillful and also knows the art of sewing. She works for her neighboring clients in her spare time and earns a reasonable profit. She is confident about her family’s bright future as a result of her business improvement.

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
  • 153
    View loans »
    Pakistan Loans Fundraising
  • $13,462,325
    Funds lent in using Kiva
  • 90.9
    Pakistan Rupees (PKR) = $1 USD

Success!! The loan was 100% repaid

A portion of Nasreen's Group's $1,000 loan helped a member to buy goats and sheep to raise and sell.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 6, 2012
Listed
Apr 1, 2012
Currency Exchange Loss:
Possible
Ended:
Feb 15, 2013