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Nusrat's Group
In this Group: Nusrat, Mussarat, Sabran, Shameem, Razia
Nusrat is married and 38 years of age. She does decorative embroidery and sewing for her neighboring clients to financially support her family. She is very creative in her work and receives regular orders every month.

Her husband sells different agricultural products such as wheat, rice etc. Nusrat has applied for a loan from KIVA partner Asasah for further expansion of her husband’s business. With the loan investment, he will buy rice and wheat in bulk quantity to be able to fulfill larger orders on time. He is very experienced in his work and Nusrat is confident that his business will be expanded further after investing the loan.

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
  • 276
    View loans »
    Pakistan Loans Fundraising
  • $14,714,900
    Funds lent in using Kiva
  • 94.7
    Pakistan Rupees (PKR) = $1 USD

Success!! The loan was 100% repaid

A portion of Nusrat's Group's $1,125 loan helped a member to buy wheat and rice to sell.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Aug 3, 2012
Listed
Aug 11, 2012
Currency Exchange Loss:
Possible
Ended:
Aug 8, 2013