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Shamim Akhtar's Group
In this Group: Shamim Akhtar, Sugran, Jamila, Shamim , Manzooran, Haleema Bibi, Maqbool, Khursheed Begum, Rashidan, Rashda Begum, Seema, Shamim Akhtar
Shamim Akhtar, aged 39-years, married with six children: four sons and two daughters. Shamim and her elder daughter are involved in the sewing business. Shamim gets orders from her community clients and she and her daughter both finish the orders on time. Shamim's remaining children are enrolled in a school and getting an education.

Shamim’s husband operates a spare parts shop where he sells spare parts of motor vehicles to the customers, generating an income for the family.
Shamim has requested a loan from Kiva partner Asasah for her husband’s business. He will invest the loan in buying spare parts in larger quantities to put in his shop. Shamim is very hopeful that the loan investment will bring better profits to her husband’s business and her family will be able to enjoy better living standards as a result.

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
  • 282
    View loans »
    Pakistan Loans Fundraising
  • $14,499,975
    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 $2,250 loan helped a member to buy spare parts for selling.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 17, 2012
Listed
May 2, 2012
Currency Exchange Loss:
Possible
Ended:
Apr 17, 2013