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Munawar's Group
In this Group: Munawar, Sakina, Razia, Zahida, Humaira, Nusrat
Munawar has applied for a loan from KIVA partner Asasah for her blanket-selling business. With the loan, she will buy blankets in larger quantities and different varieties, which will allow her to make more sales and income.

She is a very active lady and performs her household duties very well along with her business. Her family admires her very much due to her helpfulness. Her husband is a factory worker and earns a low income.

Munawar has three children. All of them do different kinds of work to contribute financially to the family. Munawar wants to improve the living conditions of her family, and she is confident that she will be able to do so by improving her business.

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
  • 355
    View loans »
    Pakistan Loans Fundraising
  • $15,690,625
    Funds lent in using Kiva
  • 94.4
    Pakistan Rupees (PKR) = $1 USD

Success!! The loan was 100% repaid

A portion of Munawar's Group's $1,550 loan helped a member to buy blankets for resale.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Jul 13, 2012
Jul 17, 2012
Currency Exchange Loss:
Aug 8, 2013