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Naseem's Group
In this Group: Naseem, Fozia, Nabeela, Majeeda, Arshad
Naseem S., this group's leader, is from Lahore, Pakistan, having moved there after her marriage. She is originally from from the mid-sized industrial city of Faisalabad, Pakistan. She has one son and two daughters. Her son is a jeweler, and one daughter is married while the other daughter works as a helper at a nearby medical clinic. Naseem makes electric switches on order, a trade she learned from one of her cousins. She is requesting a loan so that she can manufacture electrical switches in larger quantities. Her fellow group members are: Fozia B., who runs an herbal pharmacy; Nabeela B., whose husband is a turner; Majeeda M., who buys and sells rice; and Arshad B., who operates a boutique. Altogether, they are requesting a loan of $1,350.00.

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
  • 242
    View loans »
    Pakistan Loans Fundraising
  • $13,737,225
    Funds lent in using Kiva
  • 62.8
    Pakistan Rupees (PKR) = $1 USD

Success!! The loan was 100% repaid

A portion of Naseem's Group's $1,350 loan helped a member to increase manufacturing capacity of electrical switches.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Apr 12, 2008
Listed
Mar 28, 2008
Currency Exchange Loss:
Covered
Ended:
May 15, 2009