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Khursheed's Group
In this Group: Khursheed , Sakina Bibi, Kosar Bibi, Nawab Bibi, Rashidan, Batool, Munawar Bibi, Ameena Bibi, Zulaikhan Bibi, Kaniz
Khursheed is a 42 year-old seamstress and sews beautiful-looking clothes for her neighborhood clients. She learned these skills from her mother before marriage and now she earns good profits from her work. Due to her good quality work, she receives regular orders every month. Her husband sells wheat. He supplies the wheat to different wholesale dealers and earns a profit on it. He handles a good client base. Khursheed has given birth to 6 children. All of them are associated with different kinds of work to financially contribute to the family.

Khursheed has applied for a loan from Kiva partner, Asasah, for further expansion of her husband’s business. With the loan, he will buy wheat in larger quantity for reselling at a profit. He is very experienced in his business, and Khursheed is confident that her husband’s business will become more successful 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
  • 238
    View loans »
    Pakistan Loans Fundraising
  • $14,178,125
    Funds lent in using Kiva
  • 90.6
    Pakistan Rupees (PKR) = $1 USD

Success!! The loan was 100% repaid

A portion of Khursheed's Group's $2,175 loan helped a member to buy wheat for reselling.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 19, 2012
Listed
May 2, 2012
Currency Exchange Loss:
Possible
Ended:
Apr 17, 2013