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Perveen's Group
In this Group: Perveen, Tahira, Rehana, Razia, Shahnaz
Perveen is 41 years of age, married and has 5 children. Her eldest son works while living at home.
Perveen does embroidery, She is expert in her work and does beautiful embroidery on clothes for her clients.
She has applied for a loan from KIVA partner Asasah for further expansion of her business. with the loan investment she will buy embroidery material like beads, thread, embroidery frames in bulk quantity that will help her fulfilling the client orders on time and increase her income.
She has been operating her business for the past many years and confident about her business success after investing the loan.
Note:"In the photo the lady raising her hand is Perveen."

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
  • 210
    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 Perveen's Group's $1,075 loan helped a member to buy embroidery material for embroidery business.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 21, 2012
Listed
Jul 4, 2012
Currency Exchange Loss:
Possible
Ended:
Jun 17, 2013