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Saeeda's Group
In this Group: Saeeda, Shamim, Zaiba, Kalsoom, Yasmeen, Shaheen, Nargis, Shazia, Irum
Saeeda is a 50-year-old independent woman living in Pakistan with her husband, two daughters, and two sons. All of her children are studying in school.

Saeeda is a very hard-working tailor. Her husband is an auto mechanic and runs his own shop. Her son is doing a job as well. They are living in a rented house, and sometimes she doesn't have enough money to pay the rent.

As a member of nine-person lending group, Saeeda has requested a loan from Kiva partner BRAC Pakistan to purchase a new sewing machine for the growth of her business.

She dreams of a better future for her children and wants her children to get married soon.

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

  • $4,700
    Average annual income
  • 207
    View loans »
    Pakistan Loans Fundraising
  • $14,459,275
    Funds lent in using Kiva
  • 94.5
    Pakistan Rupees (PKR) = $1 USD

Success!! The loan was 100% repaid

A portion of Saeeda's Group's $1,700 loan helped a member to purchase a new sewing machine for her tailoring business.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 22, 2012
Listed
Sep 30, 2012
Currency Exchange Loss:
Possible
Ended:
Aug 17, 2013