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Shabana's Group
In this Group: Shabana, Samina, Zarina, Noreen, Julia, Elishba, Nazeeran, Nasreen, Sara, Rita
Shabana is 40 years old, married and has a one-year-old daughter. She is a housewife, remaining at her home and taking care of her household tasks.
Her husband is a rickshaw driver and provides transport services to his passengers. He is an expert driver and his passengers trust him very much and like to travel with him.

Shabana has applied for a loan from KIVA partner Asasah for her husband who will repair his auto-rickshaw as its engine is creating problems. By repairing his auto-rickshaw, he will be able to provide better transport services for his passengers and increase his income.

Note: In the photo the lady raising her hand is Shabana.

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
  • 257
    View loans »
    Pakistan Loans Fundraising
  • $14,499,975
    Funds lent in using Kiva
  • 94.5
    Pakistan Rupees (PKR) = $1 USD

Success!! The loan was 100% repaid

A portion of Shabana's Group's $1,600 loan helped a member to repair auto-rickshaw for rickshaw transport business.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 20, 2012
Listed
Jul 25, 2012
Currency Exchange Loss:
Possible
Ended:
Aug 8, 2013