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Shagufta's Group
In this Group: Shagufta, Zubaida, Rasheeda, Nasreen, Kosar, Irum, Robina, Shafiqa, Fareeda, Nadia
Shagufta is a 39-year-old housewife. She lives in Punjab, Pakistan with her husband and three daughters. All of her daughters are studying in a private school. Since 2007, her husband has had been running his own general store, which is the only source of income for the family. He works very hard to meet his family's needs and currently needs additional capital for the growth of his business. His wife Shagufta is a member of 10-person lending group that has requested a loan from Kiva's partner BRAC Pakistan to help her husband to purchase goods like soft drinks, shampoos, soaps, pulses, rice, etc. for the general store. With the profit, she wants to renovate her house and save for her daughter's marriage. She dreams for her daughters' better future and the growth of her husband's business. Shagufta and her husband are very hopeful that the loan will be a lucky and productive one for their family. She is very much thankful to KIVA.
Note: In the picture Shagufta carrying a pass book 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
  • 347
    View loans »
    Pakistan Loans Fundraising
  • $15,689,950
    Funds lent in using Kiva
  • 95.4
    Pakistan Rupees (PKR) = $1 USD
A portion of Shagufta's Group's $2,000 loan helped a member to purchase goods for her husband's general store.
Repayment Term
11 months (Additional Information)
Repayment Schedule
Oct 10, 2012
Nov 1, 2012
Currency Exchange Loss:
Dec 1, 2012