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Fouzia's Group
In this Group: Fouzia, Shameem, Irum, Khayana
Fouzia is 39 years old and a widow who earns a living by working hard as a tailor. She lives in Rawalpindi, Pakistan with her two sons and two daughters. Because her husband has passed away, she is solely responsible for looking after her children, and her sons have had to drop out of school. The tailoring services provided by Fauzia are very popular and people like her work. She is requesting this loan to buy more of the materials she needs, including cloth, needles and reels of threads. Even though her sons have had to drop out of school, her goal for the future is to provide a quality education to her daughters.

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
  • 125
    View loans »
    Pakistan Loans Fundraising
  • $13,314,975
    Funds lent in using Kiva
  • 97.7
    Pakistan Rupees (PKR) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A portion of Fouzia's Group's $800 loan helped a member to buy supplies for a tailoring business.
99% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 18, 2013
Listed
Jan 21, 2013
Currency Exchange Loss:
Possible
Ended:
Dec 17, 2013