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Shamim Akhtar's Group
In this Group: Shamim Akhtar, Talat, Uzma Bibi, Nusrat, Sugran Bibi
Shamim akhtar is a 46 year-old married woman who has five children: four sons and one daughter. Her eldest son is a rickshaw driver and financially contributes to the family from his earnings. Two others work in a factory and a fourth one is involved in the timber sales business. Her daughter reads in 2nd standard. Her husband is a driver by profession and earns income for the family by working for 8 hours a day.
Shamim herself is also a very supportive lady. She operates an animal sales business. Her business is home-based. She raises young animals and sells them when grown. This business earns her good profits which she utilizes in managing the financial expenses.

She has requested a loan from Kiva partner, Asasah, for the improvement of her animal sales business. With the loan, she will buy animals (goats) to raise and sell. She is confident that her business will be expanded further after the loan investment.

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
  • 152
    View loans »
    Pakistan Loans Fundraising
  • $13,439,025
    Funds lent in using Kiva
  • 90.7
    Pakistan Rupees (PKR) = $1 USD

Success!! The loan was 100% repaid

A portion of Shamim Akhtar's Group's $1,125 loan helped a member to buy animals for animal sales business.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 10, 2012
Listed
May 1, 2012
Currency Exchange Loss:
Possible
Ended:
Apr 17, 2013