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Perveen's Group
In this Group: Perveen , Tahseen, Seema, Rubina, Sultana, Nasreen, Zarina, Ayesha, Mumtaz, Shagufta, Bilquis
Perveen is 50 years old, still very active and performs her household duties very well. She has given birth to a son who works for a monthly wage.
She has applied for a loan from Kiva's partner, Asasah, for her husband’s grocery store business. With the loan, he will put different grocery items, such as spices, cooking oils, sugar, and cold drinks in his store to meet his clients' needs and increase his sales and income.
He is very experienced in his work and his store is very popular among his customers.
Perveen is hopeful that the loan will bring positive changes to her husband’s business and will increase his profits.

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
  • 255
    View loans »
    Pakistan Loans Fundraising
  • $14,721,100
    Funds lent in using Kiva
  • 90.8
    Pakistan Rupees (PKR) = $1 USD

Success!! The loan was 100% repaid

A portion of Perveen's Group's $2,700 loan helped a member to buy groceries for resale.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 22, 2012
Listed
Apr 5, 2012
Currency Exchange Loss:
Possible
Ended:
Mar 15, 2013