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Iram's Group
In this Group: Iram, Sabira, Bilquees, Siddiqa, Asma, Sajida, Majeedan
Iram, who is a member of this group, has applied for a loan from KIVA partner Asasah to support her clothes selling business. She purchases clothes at the wholesale market and supplies clothes to shops in her community market. She also and sells to her neighboring clients.

With the loan Iram will buy clothes in bulk quantity and of a wide variety allowing her to offer more choices to her clients.

Iram has been operating her business for many years and is confident about her business success.

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
  • 146
    View loans »
    Pakistan Loans Fundraising
  • $13,079,825
    Funds lent in using Kiva
  • 94.5
    Pakistan Rupees (PKR) = $1 USD

Success!! The loan was 100% repaid

A portion of Iram's Group's $1,650 loan helped a member to buy clothes in bulk quantity.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 23, 2012
Listed
Jul 26, 2012
Currency Exchange Loss:
Possible
Ended:
Aug 8, 2013