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Rehana's Group
In this Group: Rehana, Sangeeta, Gulshan, Parveen, Sumera
Rehana Parveen, wife of M. H., is the mother of four sons. The eldest son is in 2nd standard. The next to him is in kindergarten. Her purpose is to give her sons education, to make them independent. Rehana’s husband is a driver by profession and drives a rickshaw. She makes embroidered clothes and sells them. She applied her loan to repair her three wheel vehicles called auto-rickshaws. She plans to buy land with the profits.

Sangeeta B. wants a loan to start a food business. Gulshan B. wants a loan to buy masonry tools. Parveen B. wants a loan to buy woods to expand her business. Sumera B. wants a loan for her lathe work.

This is a group loan. The loan funds will be distributed among the group members, each of whom will invest in her own business. The members mutually guarantee one another's loans. If one member does not repay, the other members are responsible.

Additional Information

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
  • 221
    View loans »
    Pakistan Loans Fundraising
  • $13,670,825
    Funds lent in using Kiva
  • 69.4
    Pakistan Rupees (PKR) = $1 USD

Success!! The loan was 100% repaid

A portion of Rehana's Group's $1,325 loan helped a member these women would like to expand their businesses.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Jun 15, 2008
Listed
May 26, 2008
Currency Exchange Loss:
Covered
Ended:
Jul 15, 2009