Check out some available loans that are similar to this one!
Rehana's Group
In this Group: Rehana, Zubaida, Balqees, Kalsoom
Rehana K. is the group leader. She is married and a mother of seven: three boys and four girls. Her family resides in Pakistan’s second largest city, Lahore. Her husband makes a living driving a horse cart. He also knows how to tailor clothing. He transports wood based on orders in his cart. He needs a loan to buy an additional cart for the business to increase his income. The other women in the group are: Zubaida B. (who wants to buy a horse), Balqees B. (who will buy a horse cart) and Kalsoom B. (who needs this loan for her husband who is a turner).

Additional Information

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
  • 290
    View loans »
    Pakistan Loans Fundraising
  • $14,521,250
    Funds lent in using Kiva
  • 63.1
    Pakistan Rupees (PKR) = $1 USD

Success!! The loan was 100% repaid

A portion of Rehana's Group's $1,350 loan helped a member to buy an additional cartt.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
May 3, 2008
Listed
Apr 18, 2008
Currency Exchange Loss:
Covered
Ended:
Jun 15, 2009