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Mukhtaran's Group
In this Group: Mukhtaran, Perveen, Qalsoom, Seema, Shakila
Mukhtaran has applied for a loan from KIVA partner Asasah for her husband who will buy iron and steel for making iron and steel boxes in larger quantity. This will help him improve his products and services and increase his income.

Mukhtaran has a lot of confidence in her husband. She is very hopeful that the loan will be a productive one for him and will increase his profits. She is a housewife, remaining at her home and doing her household responsibilities. She has 3 sons and a daughter. All of them remain at home and don’t do anything.

Mukhtaran is optimistic about her family’s better future after the investment of a loan into her husband’s business.

Note: In the photo, the lady raising her hand is Mukhtaran.

Additional Information

More information about this loan

Asasah offers products that are customized for its Muslim clients. This Murabaha loan is structured as an interest free loan. Asasah purchases goods for its borrower and charges them a markup or fee. 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
  • 223
    View loans »
    Pakistan Loans Fundraising
  • $14,472,625
    Funds lent in using Kiva
  • 94.6
    Pakistan Rupees (PKR) = $1 USD

Success!! The loan was 100% repaid

A portion of Mukhtaran's Group's $1,325 loan helped a member to buy iron for iron box making business.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 2, 2012
Listed
Jul 7, 2012
Currency Exchange Loss:
Possible
Ended:
Jun 17, 2013