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Syeda's Group
In this Group: Syeda, Nosheen, Nosheen, Nazia
Syeda is 27 years old, mother of a son and two daughters, and living in Rawalpindi, Pakistan. She is a very hard-working and independent woman. By stitching clothes she helps her husband to meet the family expenses.

Syeda has applied for a loan from KIVA partner BRAC Pakistan for purchasing a sewing machine to make more products to sell and to further improve her business. She has been operating her business very efficiently and honestly for the past eight years.

Syeda is hopeful about her business success as a result of the loan investment.

Additional Information

More information about this loan

BRAC Pakistan focuses its work in some of the most underdeveloped parts of Pakistan, characterized by poor infrastructure and high levels of poverty. By supporting this loan, you are enabling access to finance for borrowers living in some of Pakistan's poorest areas.

About BRAC Pakistan

BRAC Pakistan is a subsidiary of BRAC, one of the world’s largest development organizations with a focus on microfinance and economic empowerment. It offers micro-loans designed to help small businesses, very poor clients and others, in addition to health and education services. Kiva’s flexible, zero-interest capital will enable BRAC to expand its outreach in underserved regions and to women who have had no access to microfinance services.

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
  • 161
    View loans »
    Pakistan Loans Fundraising
  • $13,433,075
    Funds lent in using Kiva
  • 94.9
    Pakistan Rupees (PKR) = $1 USD

Success!! The loan was 100% repaid

A portion of Syeda's Group's $650 loan helped a member to purchase a new sewing machine for her business.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 10, 2012
Listed
Aug 29, 2012
Currency Exchange Loss:
Possible
Ended:
Jun 17, 2013