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Nasreen's Group
In this Group: Nasreen, Shehnaz, Noureen, Aghatha
Nasreen is a 36-year-old woman who works hard while raising her one son and four daughters. Her husband is in military and her son works in a tire shop. One of her daughters is currently employed as a beautician. Nasreen is a tailor by profession and gets help in her business from one of her daughters. She works eight hours a day and uses her entire income to cover household expenses. Unfortunately, she has no money left to set aside for savings. Nasreen is a member of a four-person group which is requesting a loan from Kiva partner BRAC Pakistan. She will use her portion of the loan to buy fabric and a sewing machine for her daughter. Today she shares her sewing machine with her daughter, and they will be able to save time and work more efficiently with two machines. Nasreen hopes that this loan will be benefit both her and her daughter. In the photo, she is the person who holds a passbook 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
  • 233
    View loans »
    Pakistan Loans Fundraising
  • $13,714,025
    Funds lent in using Kiva
  • 97.2
    Pakistan Rupees (PKR) = $1 USD

Success!! The loan was 100% repaid

A portion of Nasreen's Group's $800 loan helped a member to buy fabric and a sewing machine for a tailoring business.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 7, 2012
Listed
Dec 13, 2012
Currency Exchange Loss:
Possible
Ended:
Oct 17, 2013