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Sakina's Group
In this Group: Sakina, Azmin, Razia, Amina, Razia
Sakina B. is a 55 year old lady. Her husband's name is D. A., who is 10 years older than her. Sakina is a housewife. Her husband runs a small canteen-like hotel. Therefore Sakina B. applies for a loan for her husband so that he would be able to increase his profit from his canteen.


She has been joined in her loan group by a few more members: Azmin B. who wants a loan to buy buffalo. Razia B. wants a loan to buy goats. Amina B. wants a loan to buy a piece of land. Razia B. wants a loan for her milk business.


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
  • 178
    View loans »
    Pakistan Loans Fundraising
  • $13,512,575
    Funds lent in using Kiva
  • 69.2
    Pakistan Rupees (PKR) = $1 USD

Success!! The loan was 100% repaid

A portion of Sakina's Group's $1,150 loan helped a member to expand their businesses.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Jun 25, 2008
Listed
May 31, 2008
Currency Exchange Loss:
Covered
Ended:
Jul 15, 2009