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Gulnaz's Group
In this Group: Gulnaz, Rukhsana, Hanifa, Shahbaz, Sonia, Zahida
Gulnaz A., the group leader, comes from Multan, a city famous for its shrines in Pakistan. She has lived all her life in this city. Guinaz was married seven years ago and is the mother of four: three daughters and one son. Two of her older children attend school and the others are not of school age yet. Gulnaz’s husband has a mobile phone Sims dealership. His monthly income ranges between $175 and $200.

Currently, Guinaz's family needs a loan to expand their business. Gulnaz has been joined in her loan group by five women: Rukhsana P. requires her share of the loan to expand her scarves business, Hanifa B. will invest her share in her family’s grocery store, Shahbaz S. sells oil, Sonia B. will buy a rickshaw, and Zahida F. sells cloth.

This is a group loan. The loan funds will be distributed among the group members, each of whom will invest in her own business. The members mutually guarantee one another's loans. If one member does not repay, the other members are responsible.

Additional Information

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
  • 363
    View loans »
    Pakistan Loans Fundraising
  • $15,695,200
    Funds lent in using Kiva
  • 64.6
    Pakistan Rupees (PKR) = $1 USD

Success!! The loan was 100% repaid

A portion of Gulnaz's Group's $1,275 loan helped a member to expand their businesses.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
May 20, 2008
May 5, 2008
Currency Exchange Loss:
Jun 15, 2009