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Khalida's Group
In this Group: Khalida, Rukhsana, Razia, Zakia, Khursheed, Mussarat, Saima, Yasmeen, Saba, Samina, Salina, Nargis, Nasreen, Margret
Khalida is 40 years old, married and has 5 children. All of her children are continuing their studies. Khalida is a sewing expert and sews clothes for her neighbors. Her husband has a paint business and sells paint of different colors.

Due to her good quality of work, her clients are very satisfied and give Khalida regular orders. Khalida has applied for a loan from Kiva partner Asasah to further improve her sewing business. With the loan investment she will buy a new sewing machine because her current machine takes a lot of time to sew a dress. With the new sewing machine, she will able to finish client orders on time and increase her profits. She is very experienced in her work and confident that by purchasing a new sewing machine, her business will be improved a lot.

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
  • 231
    View loans »
    Pakistan Loans Fundraising
  • $14,472,625
    Funds lent in using Kiva
  • 92.9
    Pakistan Rupees (PKR) = $1 USD

Success!! The loan was 100% repaid

A portion of Khalida's Group's $2,550 loan helped a member to buy a new sewing machine for her sewing business.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 24, 2012
Listed
Jun 4, 2012
Currency Exchange Loss:
Possible
Ended:
May 17, 2013