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Muqaddas' Group
In this Group: Muqaddas, Mubarik, Abida, Abida, Taj, Perveen, Sumaira
Muqaddas is a mother with two daughters and two sons. Her two elder children are working and her younger children are still in school. Muqaddas works embroidering clothes and her husband is a factory worker who earns a low income. She is very good at her work and her embroidered clothes are very popular among her community clients.

Muqaddas is requesting a loan from the Kiva partner Asasah to buy beads, embroidery thread, and frames for her embroidery business. She will use her loan to make better looking embroidered clothes and increase her sales and income. Muqaddas is a very confident lady who always tries new things in her business. She is confident about her business success after investing in her 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

  • $4,700
    Average annual income
  • 208
    View loans »
    Pakistan Loans Fundraising
  • $14,459,275
    Funds lent in using Kiva
  • 94.3
    Pakistan Rupees (PKR) = $1 USD

Success!! The loan was 100% repaid

A portion of Muqaddas' Group's $1,175 loan helped a member to buy embroidery material for her 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