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Fatima's Group
In this Group: Fatima, Nusrat, Rani, Shamim, Razia
Fatima B., wife of Mr. A. A., is a mother of four sisters and four sons. She has been living in this small city of Pakistan for the last 30 years. She lives in a house which is a 4 room brick house. She requires a loan for her husband to invest in her wheat business. They all have been working in this profession for the last so many years. She hopes that if she gets the benefit of this loan, she will buy washing machine and ceiling fan.


Nusrat B. wants a loan to expand her embroidered clothes business. Rani B. wants a loan to expand her barber salon. Shamim B. and Razia B. want a loan to buy cloth.


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
  • 160
    View loans »
    Pakistan Loans Fundraising
  • $13,470,225
    Funds lent in using Kiva
  • 69.3
    Pakistan Rupees (PKR) = $1 USD

Success!! The loan was 100% repaid

A portion of Fatima's Group's $1,100 loan helped a member to expand their businesses.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Jun 8, 2008
Listed
May 23, 2008
Currency Exchange Loss:
Covered
Ended:
Jul 15, 2009