Check out some available loans that are similar to this one!
Zareena's Group
In this Group: Zareena, Chandni, Rukhsar, Shaheen
Zareena is a 56-year-old hardworking and decent woman. She lives in Rawalpindi, Pakistan, with her husband, 5 sons and 2 daughters. One son is a carpenter and one is a tailor by profession. Her husband is a tailor as well. His income is insufficient to meet the family's needs, so Zareena is trying to help him fulfill their needs by stitching clothes at her home. She is providing tailoring services in her community, and she wants to generate more income by purchasing a new sewing machine. She will extend her business if she gets a good amount of profit in the future.

Zareena is a member of a 5-person group and has requested a loan from Kiva's partner, BRAC Pakistan, to purchase a sewing machine to stitch up more dresses and to satisfy the needs of her clients more professionally. She hopes, with the help of the loan, to reach her desired net income and be able to save for their future. She dreams of giving her children a quality education.

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
  • 137
    View loans »
    Pakistan Loans Fundraising
  • $13,292,875
    Funds lent in using Kiva
  • 97.7
    Pakistan Rupees (PKR) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A portion of Zareena's Group's $875 loan helped a member to purchase a new sewing machine to stitchup more dressses.
99% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 15, 2013
Listed
Jan 18, 2013
Currency Exchange Loss:
Possible
Ended:
Dec 17, 2013