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Naseem Akhtar's Group
In this Group: Naseem Akhtar , Musarat, Khalida Parveen, Kishwar Parveen, Rashidan Bibi, Shamim Akhtar, Parveen Akhtar, Sajida Bibi, Azra Khanum
Naseem Akhtar is a widow and lives with her seven children. Her eldest son works in a vegetable market, while her eldest daughter works with her mother in her beauty salon business. Her other three daughters are involved in the sewing profession. As for her last two sons: one son is studying in 10th standard and the youngest one is free and doesn’t do anything.

Naseem is involved in the beauty salon business. She operates her business at her home. She recently started her business two years ago. She is now running it with her eldest daughter’s support. Her daughter helps her in taking care of the customers and fulfills their work.

After the death of her husband, Naseem and her family worked really hard to live a sustainable life. Naseem herself feels blissful to have a very supportive family.

She has applied for a loan from Kiva partner, Asasah, for her beauty salon business. She will invest the loan in buying beauty products and makeup items for the further growth of her beauty salon’s business.

She is hopeful that her salon will become a renowned salon and her clients will become her regular clients.

Note: In the photo, one of her group’s members has a clothes sales business. That’s why they are holding clothes.

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
  • 271
    View loans »
    Pakistan Loans Fundraising
  • $14,718,825
    Funds lent in using Kiva
  • 90.7
    Pakistan Rupees (PKR) = $1 USD

Success!! The loan was 100% repaid

A portion of Naseem Akhtar's Group's $2,000 loan helped a member to buy beauty products and makeup items for her beauty salon business.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 12, 2012
Listed
Apr 1, 2012
Currency Exchange Loss:
Possible
Ended:
Mar 15, 2013