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Rahat's Group
In this Group: Rahat, Ramzana, Allah Rakhi, Karam Elahi, Robina, Kaniz Fatima, Farzana, Jija, Suriya, Noor Bano, Halima
Rahat has applied for a loan from KIVA partner Asasah for further improvement of her medical services business.

With the loan investment she will buy medicines and related tools that will help her to provide better quality services to her patients.

She is very experienced and has been operating her business for the past many years. Her patients trust her very well because she treats them with care.

She is confident that her business will further grow after investing the loan.

Note: In the picture, the lady holding a book called "Asasah Passbook" is Rahat.

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
  • 142
    View loans »
    Pakistan Loans Fundraising
  • $13,462,325
    Funds lent in using Kiva
  • 93.9
    Pakistan Rupees (PKR) = $1 USD

Success!! The loan was 100% repaid

A portion of Rahat's Group's $2,025 loan helped a member to buy medicines for her medical services business.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 20, 2012
Listed
Jun 22, 2012
Currency Exchange Loss:
Possible
Ended:
Jun 17, 2013