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Nageen Shahzadi's Group
In this Group: Nageen Shahzadi, Kosar Parveen, Bano, Nasreen, Kosar
Nageen Shahzadi has applied for a loan from Kiva partner Asasah for her business selling clothes. She has been in this profession for the past ten years. She purchases clothes from different cities and sells them for a profit.

Clothing sales is a very profitable business. She has a good clientele base and she meets their needs, which enables her to generate profits for her family. With the loan investment, she will purchase clothes of greater variety and in larger quantities, which will enable her to meet her clients' needs and generate higher profits. She is hopeful about the positive financial growth of her business 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
  • 311
    View loans »
    Pakistan Loans Fundraising
  • $14,499,975
    Funds lent in using Kiva
  • 94.3
    Pakistan Rupees (PKR) = $1 USD

Success!! The loan was 100% repaid

A portion of Nageen Shahzadi's Group's $925 loan helped a member to buy clothes for resale.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 12, 2012
Listed
Jun 13, 2012
Currency Exchange Loss:
Possible
Ended:
Jun 17, 2013