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Khursheed's Group
In this Group: Khursheed, Safia, Rasheed, Khalida , Razia
Khursheed has applied for a loan from KIVA partner Asasah for the further expansion of her embroidery business. With the loan investment, she will buy beads, embroidery thread, etc. in bulk quantity and of better variety that will allow her to make better looking embroidered clothes and increase her sales and profits.

She is very experienced in her work and confident about her business success as a result of loan investment.

Note: In the picture the lady holding a book called Asasah Passbook is Khursheed.

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
  • 156
    View loans »
    Pakistan Loans Fundraising
  • $13,432,675
    Funds lent in using Kiva
  • 90.8
    Pakistan Rupees (PKR) = $1 USD

Success!! The loan was 100% repaid

A portion of Khursheed's Group's $1,175 loan helped a member to buy beads and embroidery thread for embroidery business.
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