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Nasreen's Group
In this Group: Nasreen, Perveen, Manwaan, Mahmooda
Nasreen is the mother of two sons and a daughter. All three of them are enrolled in school and getting their education.

She knows sewing and works for her neighborhood clients to financially support her husband, who is an embroidery expert.
She is very creative in her work and receives regular orders every month.

She has applied for a loan from KIVA partner Asasah for her husband, who will buy beads, thread, and embroidery frames in larger quantity and of better quality. This will help him prepare better-looking clothes and increase his orders and income.

Nasreen is very much hopeful about the business success of her husband after investing the loan.

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

  • $3,004
    Average annual income
  • 149
    View loans »
    Pakistan Loans Fundraising
  • $13,465,025
    Funds lent in using Kiva
  • 94.6
    Pakistan Rupees (PKR) = $1 USD

Success!! The loan was 100% repaid

A portion of Nasreen's Group's $850 loan helped a member to buy embroidery materials and frames.
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