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Perveen's Group
In this Group: Perveen , Nasreen Bibi, Rehana Kosar, Naseem, Saima Sabir
Perveen is married and the mother of two daughters and two sons. Due to financial constraints, she couldn’t provide education to her children. At present, three of her children work while her eldest daughter remains at home and helps Perveen with her routine tasks.

Perveen has applied for a loan from Kiva partner Asasah for her husband, who is a fruit seller. He will use the loan investment to buy a variety of seasonal fruits to sell for profit. Perveen's husband is experienced in his business and Perveen is confident that the loan will help him make his business more profitable.

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

  • $3,004
    Average annual income
  • 160
    View loans »
    Pakistan Loans Fundraising
  • $13,278,425
    Funds lent in using Kiva
  • 94.4
    Pakistan Rupees (PKR) = $1 USD

Success!! The loan was 100% repaid

A portion of Perveen's Group's $1,075 loan helped a member to buy fresh seasonal fruits.
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