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Jannat's Group
In this Group: Jannat , Bashiran, Sakina, Shamim, Sugran, Khursheed
Jannat will invest the loan in her son’s clothes sales business. Her son has been in this business for the past eight years. After the death of his father, he started contributing financially, along with the earnings of his mother, from his business to the family.

Jannat is a seamstress by profession. She sews clothes for her neighboring customers and earns income for the family. Her husband’s death was a great loss for her but she never gave up and takes care of her family financially from her sewing business.

Her son will purchase clothes in larger quantity for reselling. Jannat is very hopeful about his business’ financial growth after this loan investment.

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
  • 274
    View loans »
    Pakistan Loans Fundraising
  • $14,699,975
    Funds lent in using Kiva
  • 94.3
    Pakistan Rupees (PKR) = $1 USD

Success!! The loan was 100% repaid

A portion of Jannat's Group's $1,175 loan helped a member to buy clothes for selling in her son's clothes sales business.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 7, 2012
Listed
Jun 11, 2012
Currency Exchange Loss:
Possible
Ended:
Jun 17, 2013