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Zubaida's Group
In this Group: Zubaida, Fazeelat, Sakina, Yasmeen
Zubaida, holding the Asasah passbook in the photo, is the mother of three sons and three daughters. All of them are enrolled in school locally and getting their education. Zubaida is a great mother and takes care of her children very well.

Zubaida's husband operates a thread-making business. He has great marketing skills and has good business contacts in the market, to whom he supplies thread on demand.

Zubaida has applied for a loan from KIVA partner Asasah for her husband, who wants to buy a new thread-making machine. By purchasing a new machine, he will be able to make a larger quantity and better quality of thread and earn more profits. Her husband has been operating his business for many years, and Zubaida is confident that this loan will help his business succeed.

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
  • 90.7
    Pakistan Rupees (PKR) = $1 USD

Success!! The loan was 100% repaid

A portion of Zubaida's Group's $1,175 loan helped a member to buy a thread-making machine for her business.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 16, 2012
Listed
Apr 2, 2012
Currency Exchange Loss:
Possible
Ended:
Mar 15, 2013