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Safooran's Group
In this Group: Safooran, Sakina, Shahida, Nazia, Fozia
Safooran, 53, is married with three children. All of her children are involved with their father’s farming business. He acquires land on contract and grows different vegetables and fruits on it to sell to markets for profit. Safooran's husband and children leave the home in the morning and return in the evening. She spends her time at home by managing the household work. She also does sewing part time. Safooran has requested a loan from Kiva partner Asasah for her husband’s business. He will invest the loan by acquiring land on contract to grow seasonal fruits on it. She and her family are very confident that the loan investment would improve the family’s financial position.

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
  • 272
    View loans »
    Pakistan Loans Fundraising
  • $14,718,825
    Funds lent in using Kiva
  • 90.7
    Pakistan Rupees (PKR) = $1 USD

Success!! The loan was 100% repaid

A portion of Safooran's Group's $1,400 loan helped a member to acquire farm land on contract.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 16, 2012
Listed
May 1, 2012
Currency Exchange Loss:
Possible
Ended:
Apr 17, 2013