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Muafia's Group
In this Group: Muafia , Kaniz Bibi, Tasleem Bibi, Sugran Bibi, Naseem
Muafia is married and the mother of four children, one of whom attends school while the others stay at home. Her husband is a daily wage laborer who works very hard to earn an income for his family. Muafia is a very efficient person and performs her household duties very well. She has applied for a loan from Kiva partner Asasah to expand the sewing business she started few years ago to help her husband support their family. She is very good at this line of work, and receives regular orders every month. With this loan, she will buy a new sewing machine that will help her complete orders on time and increase her profits.

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
  • 210
    View loans »
    Pakistan Loans Fundraising
  • $14,459,275
    Funds lent in using Kiva
  • 92.2
    Pakistan Rupees (PKR) = $1 USD

Success!! The loan was 100% repaid

A portion of Muafia's Group's $1,000 loan helped a member to buy a new sewing machine.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 24, 2012
Listed
May 29, 2012
Currency Exchange Loss:
Possible
Ended:
May 17, 2013