Check out some available loans that are similar to this one!
Kalsoom's Group
In this Group: Kalsoom, Maqbool, Perveen, Najma, Khalida
Kalsoom has requested a loan from KIVA partner Asasah for the improvement of her son’s rickshaw transport business. With the loan investment he will replace his rickshaw body and that will allow him to secure his business asset and provide better transport services to his passengers.

He is a very hardworking person and Kalsoom is hopeful that the loan will be productive one for him. She has three other children who remain at home. She is a great mother and takes good care of her family. She is confident about her family’s better future.

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
  • 151
    View loans »
    Pakistan Loans Fundraising
  • $13,462,325
    Funds lent in using Kiva
  • 94.2
    Pakistan Rupees (PKR) = $1 USD

Success!! The loan was 100% repaid

A portion of Kalsoom's Group's $925 loan helped a member to buy a rickshaw body for rickshaw transport business.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 15, 2012
Listed
Jun 18, 2012
Currency Exchange Loss:
Possible
Ended:
Jun 17, 2013