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Naheed's Group
In this Group: Naheed, Hameeda, Sameena
Naheed, aged 45, is married and is a hard-working woman. She lives with her husband, their four sons and daughter. One of her sons is running a mobile shop and another one is an electrician. For the past eight years, her husband has been running a welding shop.

Now he needs to purchase some new machinery like a welding machine for his shop so that he can provide better services to his customers. Naheed and her husband want to open a new shop for their elder son. As a member of a 3-person group, Naheed has requested a loan from Kiva's partner, BRAC Pakistan, to help her husband to purchase machinery for his welding shop. She dreams of a better future for their children.

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
  • 140
    View loans »
    Pakistan Loans Fundraising
  • $13,320,225
    Funds lent in using Kiva
  • 94.5
    Pakistan Rupees (PKR) = $1 USD

Success!! The loan was 100% repaid

A portion of Naheed's Group's $650 loan helped a member to purchase machinery for her husband's welding shop.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 17, 2012
Listed
Sep 27, 2012
Currency Exchange Loss:
Possible
Ended:
Aug 17, 2013