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Farzana's Group
In this Group: Farzana, Sajida, Nazeeran, Samina, Shabdan, Sakeena, Najma, Kaneez, Aabida, Sanam
Farzana is a 35-year-old hardworking woman. She lives in Punjab, Pakistan, with her husband and three sons and daughters. All of her children are students while her husband is a government employee. His income is insufficient to meet the family's needs, so Farzana is trying to help him meet their needs by stitching clothes at home.

She is an efficient tailor, and she wants to generate more income by purchasing a new sewing machine. As a member of a 10-person lending group, she has requested a loan from Kiva's partner BRAC Pakistan to purchase a sewing machine to stitch more dresses and to satisfy the needs of her clients more professionally.

If she gets a good amount of profit, she will open a tailoring shop in the market in the future, as currently she is operating her business at her home.

She hopes, with the help of the loan, to reach her desired income and be able to save for their future. She dreams of giving her children a quality education.

Note: In the picture Farzana holds a BRAC Pakistan 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

  • $3,004
    Average annual income
  • 201
    View loans »
    Pakistan Loans Fundraising
  • $13,654,625
    Funds lent in using Kiva
  • 95.4
    Pakistan Rupees (PKR) = $1 USD

Success!! The loan was 100% repaid

A portion of Farzana's Group's $1,975 loan helped a member to purchase a new sewing machine for her tailoring business.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 10, 2012
Listed
Nov 3, 2012
Currency Exchange Loss:
Possible
Ended:
Aug 17, 2013