Check out other loans that are currently fundraising!
Razia's Group
In this Group: Razia, Hanifaan, Robina, Ghulam Fatima, Zarina
Razia has applied for a loan from KIVA partner Asasah for her boutique business. With the loan investment she will buy clothes, embroidered and simple clothes to sell through her boutique. She has been operating her business for many years and her clients like her variety very well and make regular purchases.

Razia has 3 sons and 5 daughters. Two of them are studying while the others couldn’t complete their education. She is hopeful that the loan will be a productive one for her business and will make positive changes in her family’s living standard.

Note: In the photo, the lady raising her hand 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
  • 280
    View loans »
    Pakistan Loans Fundraising
  • $14,698,775
    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 $1,075 loan helped a member to buy clothes for boutique business.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 21, 2012
Listed
Jun 24, 2012
Currency Exchange Loss:
Possible
Ended:
Jun 17, 2013