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Nazia's Group
In this Group: Nazia , Nasreen, Bashiraan, Razia, Bashiraan, Siddiqa, Farzana
Nazia, who has applied for a loan from KIVA partner Asasah, will utilize the loan for her husband’s screen printing business. With the loan investment her husband will buy printing screens and will also repair his printing machine. This will help him fulfill client orders on time and improve his work quality. He has been operating his business for many years and Nazia is very confident that after investing the loan, his business will get more profitable.

Nazia is a housewife, remaining at home and doing her household responsibilities. She has given birth to a daughter and two sons. All of them are enrolled in a nearby school and getting their education.

Nazia wants to provide her children good quality education and she is confident that she will be able to do so once her husband’s business gets improved.

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
  • 280
    View loans »
    Pakistan Loans Fundraising
  • $14,699,975
    Funds lent in using Kiva
  • 94.4
    Pakistan Rupees (PKR) = $1 USD

Success!! The loan was 100% repaid

A portion of Nazia's Group's $1,600 loan helped a member to buy screens and repair printing machine for screen printing business.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 18, 2012
Listed
Jul 22, 2012
Currency Exchange Loss:
Possible
Ended:
Aug 8, 2013