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Zeenat's Group
In this Group: Zeenat, Rukhsana, Mussarat, Asma, Safia, Meena, Azra
Zeenat has applied for a loan from KIVA partner, Asasah, for her beauty parlor. With the loan investment she will buy cosmetics, creams, etc., in larger quantity and of better variety that will help her to provide better quality makeup and parlor services to her clients, and will increase her profits.
She is very experienced in her work, very knowledgeable and expert in her profession, and particularly expert in bridal makeup.
She is confident that a KIVA loan will help her make more profits from his business.

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
  • 239
    View loans »
    Pakistan Loans Fundraising
  • $14,178,125
    Funds lent in using Kiva
  • 94.4
    Pakistan Rupees (PKR) = $1 USD

Success!! The loan was 100% repaid

A portion of Zeenat's Group's $1,275 loan helped a member to buy salon items for beauty parlor business.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 20, 2012
Listed
Jul 24, 2012
Currency Exchange Loss:
Possible
Ended:
Aug 8, 2013