Check out some available loans that are similar to this one!
Mussarat's Group
In this Group: Mussarat, Nusrat, Salma, Nagina, Samina, Razia, Perveen, Nasreen, Suriya
Mussarat is a housewife, staying at home and handling her household responsibilities. She is very active and has raised her children very well. All four of her children are continuing their education by going to a nearby school.

Mussarat's husband is a rickshaw driver and provides transport services to his passengers. He is a very safe driver and takes care of his passengers very well during travel. Mussarat has applied for a loan from KIVA partner Asasah for her husband, who wants to repair his autorickshaw. By doing that he will be able to provide better-quality transport services to his passengers and increase his income.

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
  • 233
    View loans »
    Pakistan Loans Fundraising
  • $13,718,875
    Funds lent in using Kiva
  • 94.4
    Pakistan Rupees (PKR) = $1 USD

Success!! The loan was 100% repaid

A portion of Mussarat's Group's $1,925 loan helped a member to repair an autorickshaw for a transport business.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 19, 2012
Listed
Jul 23, 2012
Currency Exchange Loss:
Possible
Ended:
Aug 8, 2013