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Farzana's Group
In this Group: Farzana, Sadia , Zainab, Shamim, Gulshan, Fazian, Nazia, Janat Bibi, Gogi, Zakia
Farzana has given birth to a son who is only a year old. Farzana is a very caring mother and takes care of her child very well. Her husband is a rickshaw driver and provides transport services to his passengers.

Farzana sews clothes. She is very skillful and has a lot of passion for her work. She continuously tries to learn new skills for the improvement of her work quality. She has applied for a loan to replace her sewing machine. With the loan investment, she will buy a new sewing machine that will allow her to complete client orders on time and increase her profits. She is an experienced person in her business and is confident that her business will further improve after investing the loan.

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
  • 204
    View loans »
    Pakistan Loans Fundraising
  • $13,990,675
    Funds lent in using Kiva
  • 94.3
    Pakistan Rupees (PKR) = $1 USD

Success!! The loan was 100% repaid

A portion of Farzana's Group's $1,650 loan helped a member to buy a new sewing machine for her sewing 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