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Razia's Group
In this Group: Razia, Naseem, Abida, Sadia, Razia, Shameem, Majeedan, Musarat
Razia, 45 years old, has five sons and two daughters, all of whom contribute financially to the family through their jobs. Razia supports her husband by helping him make paper envelopes to fill the orders for them that he receives from various grocery and general stores in the market.

Razia is requesting a loan from KIVA partner Asasah for the further expansion of her family business. With the loan, her husband will buy paper and gum in bulk that will allow him and Razia to complete their orders on time and increase their income.

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

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
  • 305
    View loans »
    Pakistan Loans Fundraising
  • $15,673,250
    Funds lent in using Kiva
  • 94.5
    Pakistan Rupees (PKR) = $1 USD

Success!! The loan was 100% repaid

A portion of Razia's Group's $1,500 loan helped a member to buy paper for paper envelope business.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Jul 20, 2012
Jul 25, 2012
Currency Exchange Loss:
Aug 8, 2013