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Rasheedan's Group
In this Group: Rasheedan, Jamila, Tasleem, Rabia, Shakila, Ghazala, Akbari, Ghafooran, Rashida
Rasheedan has requested a loan from KIVA partner Asasah for the improvement of her husband’s dairy business. With the loan investment he will buy another buffalo that will allow him to get a larger quantity of milk for selling to his community clients and increase his sales and income. He has been operating his business for the past many years and Rasheedan is confident that the loan will be a productive one for him.

Rasheedan also provides full support to her husband in his business and takes care of the livestock. She gives them food on time and keeps their living place clean. She has given birth to seven children. All of them are enrolled in school and getting their education. Rasheedan knows the importance of education very well and wants her children to become successful in life by getting quality education.

Note: In the photo, the lady holding a book called Asasah Passbook is Rasheedan.

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
  • 162
    View loans »
    Pakistan Loans Fundraising
  • $13,439,025
    Funds lent in using Kiva
  • 94.2
    Pakistan Rupees (PKR) = $1 USD

Success!! The loan was 100% repaid

A portion of Rasheedan's Group's $2,025 loan helped a member to buy a buffalo for dairy business.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 18, 2012
Listed
Jun 19, 2012
Currency Exchange Loss:
Possible
Ended:
Jun 17, 2013