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Yasemeen's Group
In this Group: Yasemeen, Naseem, Zubaida, Bilquis, Hanifan
Yasemeen B., wife of Mr. I., is a mother of four daughters. Yasmeen and her husband have a business where they embroider and stitch clothes. Their monthly income is $100. Yasmeen would like apply for a loan to buy one more sewing machine and train her girls.


Her loan group includes: Naseem B. and Bilquis B. want to start a seasonal wheat business; Zubaida B. wants to buy a goat; Hanifan B. wants to start milk business. This is a loan 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

  • $4,700
    Average annual income
  • 256
    View loans »
    Pakistan Loans Fundraising
  • $14,499,975
    Funds lent in using Kiva
  • 69.3
    Pakistan Rupees (PKR) = $1 USD

Success!! The loan was 100% repaid

A portion of Yasemeen's Group's $1,200 loan helped a member to buy a sewing machine.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Jun 14, 2008
Listed
May 31, 2008
Currency Exchange Loss:
Covered
Ended:
Jul 15, 2009