Check out some available loans that are similar to this one!
Rajan's Group
In this Group: Rajan, Shahnaz, Khalida, Rabia, Nazia
My name is Rajan M. and I was born in the historic city of Harrapa, Pakistan. Currently living in Chichawatni, Pakistan, I am a mother of five children including four boys and one girl, all of whom attend a local school. My husband runs a cycle rental store and he earns $5 to $6 daily out of this business. We require a loan to help expand and improve our business, thus being able to better provide for the needs of our growing children.


I will share this loan with four other entrepreneurs including: Shahnaz B., to buy a sewing machine; Khalida I., to expand her family’s shoes business; Rabia B., to expand her tailored clothing business; and Nazia B., to buy a dairy cow. These women share practicing values of punctuality, responsibility, and solidarity.

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
  • 123
    View loans »
    Pakistan Loans Fundraising
  • $13,311,575
    Funds lent in using Kiva
  • 62.6
    Pakistan Rupees (PKR) = $1 USD

Success!! The loan was 100% repaid

A portion of Rajan's Group's $1,125 loan helped a member expand cycle rental store.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Apr 6, 2008
Listed
Mar 22, 2008
Currency Exchange Loss:
Covered
Ended:
May 15, 2009