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Nasreen's Group
In this Group: Nasreen, Shahnaz, Talat, Nasreen, Saima
My name is Nasreen K.. I am married and mother of five: four boys and one girl. Three of my sons are currently working while one boy and one girl attend school. I sell clothing to people in my neighborhood. I buy from the clothing from a market in Faisalabad, a mid size city in Pakistan. My loan will allow me to buy summer suiting in bulk. I have been joined in my loan group by Shahnaz B. (who wants to buy tires for her tire store), Saima S. (who will buy auto spare parts), Talat Y. (who wants to expand her telephone and mobile calling card business), and Nasreen K. (who will buy crockery for her husband's business).

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

  • $3,004
    Average annual income
  • 155
    View loans »
    Pakistan Loans Fundraising
  • $13,439,025
    Funds lent in using Kiva
  • 63.1
    Pakistan Rupees (PKR) = $1 USD

Success!! The loan was 100% repaid

A portion of Nasreen's Group's $1,350 loan helped a member to expand clothing sales.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
May 11, 2008
Listed
Apr 22, 2008
Currency Exchange Loss:
Covered
Ended:
Jun 15, 2009