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Zubaida's Group
In this Group: Zubaida, Sughran, Zahida, Naseem , Yasmeen, Shakila, Kishwer , Allah Rakhi, Rashida
Zubaida has requested a loan from Kiva partner Asasah for her husband’s motor workshop business.
With the loan investment, he will buy the latest repair tools and spare parts for the improvement of his business.
He is very skillful and knows the technicalities of his work very well.
Zubaida is hopeful that the loan investment will help him to provide better repair services to his clients so his profits will increase.
Zubaida is a housewife who remains at home and does her household responsibilities. She is the mother of 5 children. Three of them work while the remaining children stay at home.
Note: In the photo, the lady holding a book called Asasah passbook is Zubaida.

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

  • $3,004
    Average annual income
  • 124
    View loans »
    Pakistan Loans Fundraising
  • $13,311,575
    Funds lent in using Kiva
  • 94.5
    Pakistan Rupees (PKR) = $1 USD

Success!! The loan was 100% repaid

A portion of Zubaida's Group's $1,750 loan helped a member to buy repair tools for her husband's workshop business.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 13, 2012
Listed
Jun 15, 2012
Currency Exchange Loss:
Possible
Ended:
Jun 17, 2013