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Asia's Group
In this Group: Asia, Zarina, Imaan, Amna, Samina, Husna
Asia is a great mother. She lives with her two sons and a daughter in a small city. She supports her family financially by operating a dairy and livestock business with her eldest son. She gets up early in the morning, milks the buffaloes and sells that milk to her community clients. Her younger son works in the factory while her daughter is a sewing expert.

She has applied for a loan for further expansion of her son’s dairy business. With the loan investment he will buy another buffalo so as to get a larger quantity of milk to sell. He is an experienced person in his business and Asia is confident that the loan will help him make his business more profitable.

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
  • 280
    View loans »
    Pakistan Loans Fundraising
  • $14,698,775
    Funds lent in using Kiva
  • 92.9
    Pakistan Rupees (PKR) = $1 USD

Success!! The loan was 100% repaid

A portion of Asia's Group's $1,475 loan helped a member to buy a buffalo for dairy business.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 24, 2012
Listed
May 30, 2012
Currency Exchange Loss:
Possible
Ended:
May 17, 2013