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Munaza's Group
In this Group: Munaza , Razia Bibi, Zahida Parveen, Mumtaz Manzoor, Kalsoom Bibi
Munaza has applied for a loan from Kiva partner Asasah for her sewing business. She is very skilful and has a lot of enthusiasm for her work. She can sew designer and non-designer dresses. She didn’t get any training in sewing but due to her interest and creativity she sews well and is praised by her customers.

With the loan investment, she will buy a new sewing machine because her current machine has become old which is affecting on her work.

By purchasing a new sewing machine she will be able to complete orders on time and increase her profits. She is very experienced in her business and confident about her business success after investing the loan into it.

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
  • 223
    View loans »
    Pakistan Loans Fundraising
  • $13,121,575
    Funds lent in using Kiva
  • 90.8
    Pakistan Rupees (PKR) = $1 USD

Success!! The loan was 100% repaid

A portion of Munaza's Group's $1,125 loan helped a member to buy a new sewing machine for sewing business.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 21, 2012
Listed
Apr 5, 2012
Currency Exchange Loss:
Possible
Ended:
Mar 15, 2013