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Nasreen Akhter's Group
In this Group: Nasreen Akhter, Shahida Perveen, Noreen Akhter, Rukhsar Bibi
Nasreen Akhter is a 50-year-old hardworking housewife who is living in Punjab, Pakistan with her two sons and two daughters. Her husband has been running a general store for five years. He wants to purchase more products for it so he can offer a greater variety of goods to his clients, thereby increasing his monthly income. Nasreen, as a member of a four-person lending group, has requested a loan to purchase products for her husband's general store. She is hopeful that the loan will be a productive one for them.

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
  • 114
    View loans »
    Pakistan Loans Fundraising
  • $13,302,525
    Funds lent in using Kiva
  • 94.7
    Pakistan Rupees (PKR) = $1 USD

Success!! The loan was 100% repaid

A portion of Nasreen Akhter's Group's $1,175 loan helped a member to purchase products for her husband's general store.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 31, 2012
Listed
Sep 8, 2012
Currency Exchange Loss:
Possible
Ended:
Jul 17, 2013