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Muniran's Group
In this Group: Muniran , Shazia, Shamshad, Nazia, Nasreen Akhtar, Mumtaz Bibi, Tahira Parveen, Azra Bibi
Muniran has applied for a loan from Kiva partner Asasah for her husband’s construction supplies business. With the loan investment, he will buy cement, bricks, sand, etc. in larger quantities that will help him fulfill larger orders on time and increase his profits. He is a very professional businessman and his clients are very happy with his good quality products.

Muniran is a housewife as well as a businesswoman. Her work is home-based. She sews clothes for her neighboring clients and supplements the income of her family. Besides her work, she also spends the required time on her household work. She makes the utmost effort to provide comfort to her family by fulfilling their needs.

She is confident about her family’s better future as a result of the loan investment in her husband’s business.

Additional Information

More information about this loan

Asasah offers products that are customized for its Muslim clients. This Qard Hassan product loan. also referred to as Qarz-e-Hasna (Al-Madad) in the Urdu language, is an interest free loan, usually offered to students or the very poor. For more information on Islamic microfinance, please click here.

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
  • 230
    View loans »
    Pakistan Loans Fundraising
  • $14,477,125
    Funds lent in using Kiva
  • 92.1
    Pakistan Rupees (PKR) = $1 USD

Success!! The loan was 100% repaid

A portion of Muniran's Group's $1,700 loan helped a member to buy construction supplies to sell.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 22, 2012
Listed
May 24, 2012
Currency Exchange Loss:
Possible
Ended:
May 17, 2013