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Shahida's Group
In this Group: Shahida, Nasreen, Sobia, Saima, Gulfaraz, Azra, Parveen, Riffat
Shahida is a 25-year-old young, hard working, married woman. She lives in Pakistan with her husband and son. Her husband is jobless and her son is four years old. She is living in a rented house with her family. Shahida is a tailor and she is the only person in the family earning an income. Her monthly net income from her business is not sufficient to meet her high expenses and house rent. That is why, as a member of an eight-person lending group, she has requested a loan from KIVA partner BRAC Pakistan to purchase a sewing machine and clothing to grow her business. She hopes, with the help of the loan, to reach her desired net income and be able to save for their future. With the profits, she wants to purchase new furniture for her house. She dreams of giving her children a quality education.

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
  • 213
    View loans »
    Pakistan Loans Fundraising
  • $13,112,425
    Funds lent in using Kiva
  • 94.6
    Pakistan Rupees (PKR) = $1 USD

Success!! The loan was 100% repaid

A portion of Shahida's Group's $1,475 loan helped a member to purchase a sewing machine and clothing.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 20, 2012
Listed
Sep 30, 2012
Currency Exchange Loss:
Possible
Ended:
Aug 17, 2013