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Saima's Group
In this Group: Saima, Shakila, Shahzadi, Uzma
Saima has applied for a loan from KIVA partner Asasah for her husband who wants to change his auto-rickshaw body. By replacing his auto-rickshaw body he will be able to save his business asset and also provide better quality transport services to his passengers.

Saima is a very efficient and active lady. She remains at home and does her household responsibilities.She has five sons. Three of them are studying while her eldest son sells fruit.

She is very excited about the future improvement of her husband’s business as a result of the loan investment.

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
  • 260
    View loans »
    Pakistan Loans Fundraising
  • $14,499,975
    Funds lent in using Kiva
  • 94.6
    Pakistan Rupees (PKR) = $1 USD

Success!! The loan was 100% repaid

A portion of Saima's Group's $825 loan helped a member to replace a rickshaw body for transport business.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 17, 2012
Listed
Jul 20, 2012
Currency Exchange Loss:
Possible
Ended:
Aug 8, 2013