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Kosar's Group
In this Group: Kosar, Mumtaz, Shameem, Saima, Rasoolan
Kosar, holding the Asasah passbook in the photo, has applied for a loan from KIVA partner Asasah for her husband’s animal selling business. With the loan, he will buy young animals such as goats and sheep. He will raise them and sell them for profit.

Kosar is also a working lady. She makes sweaters and sells them in the local market. She has given birth to six children. Only one of them is able to attend school.

Kosar is very confident that her husband will make good use of the loan and successfully improve his business and that she will be in position to send her younger children to school in the near future.

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
  • 260
    View loans »
    Pakistan Loans Fundraising
  • $14,499,975
    Funds lent in using Kiva
  • 90.6
    Pakistan Rupees (PKR) = $1 USD

Success!! The loan was 100% repaid

A portion of Kosar's Group's $1,175 loan helped a member to buy goats and sheep for sale.
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