Check out some available loans that are similar to this one!
Perveen's Group
In this Group: Perveen, Siddiqan, Sabran, Bilqees, Shameem
Perveen has applied for a loan from KIVA partner Asasah to expand her husband’s livestock business by buying a buffalo. He will raise the buffalo and sell it for a profit when it is grown. He will also sell its milk to gain extra income. Perveen's husband has been in this line of work for many years, and she is confident that the loan will help him earn more profits. She is a very supportive wife and helps her husband in his business by milking their cattle and also keeping their home clean.

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
  • 166
    View loans »
    Pakistan Loans Fundraising
  • $13,425,575
    Funds lent in using Kiva
  • 94.1
    Pakistan Rupees (PKR) = $1 USD

Success!! The loan was 100% repaid

A portion of Perveen's Group's $1,600 loan helped a member to buy a buffalo for a livestock business.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 19, 2012
Listed
Jun 21, 2012
Currency Exchange Loss:
Possible
Ended:
Jun 17, 2013