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Shahida Parveen's Group
In this Group: Shahida Parveen, Meena Bibi, Azra Parveen, Asran Bibi, Fatima Bibi, Shagufta Bibi, Ghulam Sakina, Shahnaz Bibi
Shahida Parveen is 39-year-old married woman, and by this relationship she has seven children: three boys and four daughters. Two of her daughters are involved in sewing and embroidery work and also contribute to the family financially, while others are free and don’t do anything. Shahida herself is also involved in sewing & embroidery work. Her work is home based. She gets orders from her neighboring customers and also from her relatives. Besides her sewing & embroidery work, she gives the required time to her household activities. She makes the utmost effort to provide comfort to her family by fulfilling their needs. Her husband operates a mobile shop where he sells mobile phones and accessories to his customers and earns good profits.

Shahida has applied for a loan from Kiva partner Asasah for her sewing & embroidery business. With the loan investment, she will purchase a sewing machine for sewing dresses because her current machine is also used by her daughters which affects the deadlines. With the new sewing machine, she will be able to meet the orders on time and it will be a good addition to her business assets. She is confident about the positive financial results from her business 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

  • $4,700
    Average annual income
  • 256
    View loans »
    Pakistan Loans Fundraising
  • $14,499,975
    Funds lent in using Kiva
  • 90.9
    Pakistan Rupees (PKR) = $1 USD

Success!! The loan was 100% repaid

A portion of Shahida Parveen's Group's $1,600 loan helped a member to buy a sewing machine for her sewing & embroidery business.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 10, 2012
Listed
May 12, 2012
Currency Exchange Loss:
Possible
Ended:
May 17, 2013