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Maqsooda's Group
In this Group: Maqsooda, Tahira, Ghulam Sakina, Sumaira, Hajira, Rehana, Nusrat, Rehana, Misbah
Maqsooda has applied for a loan from KIVA partner Asasah for her husband who is attached to a printing and binding business. With the loan investment he will buy paper for printing and iron for binding purposes. He is very experienced in his business and has been operating it for many years. Maqsooda has full confidence in him that he will become more successful in his business after investing the loan.

She is a housewife, remaining at her home and doing her household responsibilities. She has given birth to two sons and two daughters. Her eldest son works in an auto workshop while her two younger children are getting their education.

Maqsooda knows the importance of education very well and hopes that she will be able to continue providing education to her children in future.

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

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
  • 184
    View loans »
    Pakistan Loans Fundraising
  • $13,644,600
    Funds lent in using Kiva
  • 94.4
    Pakistan Rupees (PKR) = $1 USD

Success!! The loan was 100% repaid

A portion of Maqsooda's Group's $1,750 loan helped a member to buy paper and other material for printing and binding business.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 24, 2012
Listed
Jul 27, 2012
Currency Exchange Loss:
Possible
Ended:
Aug 8, 2013