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Zubaida's Group
In this Group: Zubaida, Naseem, Safia, Rehana, Khursheed, Salma
Zubaida is married and has four sons. Three of them work and are involved in a milk selling business. Zubaida supports her family by selling clothes. She knows about latest trends in fashion and provides good quality clothes to her clients for very reasonable rates. She has applied for a loan from KIVA partner Asasah for further improvement of her clothes selling business.

With the loan investment she will buy clothes in bulk quantity and of better variety that will help her attract more clients towards her business and increase her sales and 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
  • 179
    View loans »
    Pakistan Loans Fundraising
  • $13,079,825
    Funds lent in using Kiva
  • 94.4
    Pakistan Rupees (PKR) = $1 USD

Success!! The loan was 100% repaid

A portion of Zubaida's Group's $1,175 loan helped a member to buy clothes for clothes selling 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