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Balqees' Group
In this Group: Balqees *, Tasleem, Rizwana, Tasleem, Rehana, Nabeela, Balqees , Saira, Saiqa
* not pictured
Balqees is a 30-year-old independent and hardworking woman. She lives in Punjab, Pakistan with her husband, daughter and two sons. Her husband is a peon and one son is a student. Her husband's income is not sufficient to cover household expenditures. Therefore, since 2010 Balqees is trying to help him by making candles at home. She sells her handmade candles in the market from which she gets a good amount of income to meet daily household expenses. She is interested in growing her business. She is a member of an eight-person lending group. She has requested a loan from Kiva partner BRAC Pakistan to purchase candle-making materials like wax, wax oil, wax color and some candle-making tools so that she can work more professionally and efficiently and can easily grow her business. She dreams for her children's better future and husband's good health. She wants to live a good and simple life with her family. Salam and many thanks from her to all the staff of Kiva and BRAC Pakistan. Note: In the picture Balqees holding a passbook in her hand.

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
  • 253
    View loans »
    Pakistan Loans Fundraising
  • $14,728,150
    Funds lent in using Kiva
  • 95.4
    Pakistan Rupees (PKR) = $1 USD

Success!! The loan was 100% repaid

A portion of Balqees' Group's $2,250 loan helped a member to purchase candle-making products for her handmade candle business.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 9, 2012
Listed
Oct 18, 2012
Currency Exchange Loss:
Possible
Ended:
Sep 17, 2013