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Naseem's Group
In this Group: Naseem, Rasheeda, Kalsoom, Riffat
Naseem is a mother of four children: three sons and a daughter. Two of the children are studying and the other two remain at home.

Her husband is a rickshaw driver and drives a three-wheeled autorickshaw to provide transport services to his passengers.

Naseem is an embroidery expert and works for her neighboring clients. She is very talented in her work and receives regular orders every month. She has applied for a loan from KIVA partner Asasah for her business because she has a large order to fulfill. With the loan, she will buy embroidery material in bulk, which will allow her to finish the order on time.

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
  • 232
    View loans »
    Pakistan Loans Fundraising
  • $13,714,025
    Funds lent in using Kiva
  • 94.4
    Pakistan Rupees (PKR) = $1 USD

Success!! The loan was 100% repaid

A portion of Naseem's Group's $925 loan helped a member to buy embroidery material.
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