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Razia's Group
In this Group: Razia, Fernazia, Nasreen, Shakooran, Halima, Razia
Razia has applied for a loan from Kiva partner Asasah for her animal selling business. With the loan investment, she will buy sheep and goats in larger numbers. She will grow them up and will sell to butchers for profit.

She is a very hardworking lady and started her business a few years ago after the sudden death of her husband. She has given birth to 4 sons and a daughter. All of her sons do different kinds of work to support financially while her daughter is studying in tenth class.

Razia is very confident about the further growth of her business after investing the loan.

Note: In the photo, the lady holding the book called an Asasah Passbook is Razia.

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

  • $4,700
    Average annual income
  • 258
    View loans »
    Pakistan Loans Fundraising
  • $14,499,975
    Funds lent in using Kiva
  • 94.3
    Pakistan Rupees (PKR) = $1 USD

Success!! The loan was 100% repaid

A portion of Razia's Group's $1,650 loan helped a member to buy goats and sheep for animal selling business.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 20, 2012
Listed
Jun 23, 2012
Currency Exchange Loss:
Possible
Ended:
Jun 17, 2013