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Shahnaz's Group
In this Group: Shahnaz , Bushra, Syeda Raheela, Syeda Khadija Bukhari, Tahira, Kaniz, Maryam, Bashiran
Shahnaz, aged 36 years, runs a sewing business. Her work is home-based. She receives orders from her community clients and relatives and earns a good income by finishing them on time. Her earning allows her to paying off the utilities.

She has requested a loan from Kiva partner Asasah for her brother who operates a business selling fruit. He has been doing this business for over eight years. He boasts a good clientele and makes good sales. He sells fruit by visiting different areas and streets with his four-wheeled cart. His honesty and fairness in dealing motivates his customers to approach him to buy their fruit.

He will invest the loan in buying fresh seasonal fruit in larger quantity for resale. Shahnaz is hopeful that the loan investment will bring positive financial changes to his business and he will be able to serve many more customers as well.

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
  • 184
    View loans »
    Pakistan Loans Fundraising
  • $13,654,625
    Funds lent in using Kiva
  • 90.8
    Pakistan Rupees (PKR) = $1 USD

Success!! The loan was 100% repaid

A portion of Shahnaz's Group's $1,825 loan helped a member to buy fresh seasonal fruit for fruit-selling business.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 26, 2012
Listed
Apr 7, 2012
Currency Exchange Loss:
Possible
Ended:
Mar 15, 2013