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Sajida's Group
In this Group: Sajida, Kaneez, Naseem, Shameem, Kishwer, Yasmeen
Sajida has been running her boutique for the last eight years. She knows about the latest trends in fashion and clothes and also knows very well about the needs of her clients. Her husband operates a power-loom business.

Sajida has given birth to three daughters. Two of them are studying while her youngest daughter is only three years old. She has applied for a loan from Kiva partner Asasah for further expansion of her boutique business. With the loan investment she will buy cloth and embroidery material for preparing better quality clothes to sell through her boutique. She is very experienced and confident about her business success after investing the loan.

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

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
  • 144
    View loans »
    Pakistan Loans Fundraising
  • $13,494,425
    Funds lent in using Kiva
  • 94.3
    Pakistan Rupees (PKR) = $1 USD

Success!! The loan was 100% repaid

A portion of Sajida's Group's $1,600 loan helped a member to buy cloth and embriodery material for her boutique business.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 21, 2012
Listed
Jun 26, 2012
Currency Exchange Loss:
Possible
Ended:
Jun 17, 2013