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Parween's Group
In this Group: Parween, Nasreen, Safia, Khursheed
My name is Parween A.. I was born in Pakistan’s second largest city, Lahore, but after marriage I had to move to a small city, Borewala, with my husband. I am a mother of four sons. Two of my sons are married and live in our native village and the other two live with me. When my kids were young I used to sew clothes on order. However, I do not stitch anymore. My husband is a plumber. My two sons sell milk. Currently we need to expand our milk business, and therefore need to buy a cow. We are requesting a loan to buy a dairy cow.


My group members need loans for the following businesses: Nasreen B. will invest her share of the loan in her husband’s business. He is a plumber. Safia B. plans to sell bangles from her house. Khursheed B. is a widow and wants to invest her share of the loan in her juice corner.

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
  • 279
    View loans »
    Pakistan Loans Fundraising
  • $14,699,975
    Funds lent in using Kiva
  • 62.7
    Pakistan Rupees (PKR) = $1 USD

Success!! The loan was 100% repaid

A portion of Parween's Group's $800 loan helped a member buy a dairy cow.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Apr 24, 2008
Listed
Apr 9, 2008
Currency Exchange Loss:
Covered
Ended:
May 16, 2009