Check out some available loans that are similar to this one!
Nazia Ghulam Farid's Group
In this Group: Nazia, Irshad, Rani
Nazia baji is the wife of G. F.. She lives in a city named Pakpattan, Pakistan. She has been married for the last 3 years, is a housewife and prefers to run the household. Her husband has a grocery shop and she is applying for a loan to improve his grocery enterprise.

Nazia baji has been joined in her loan group by two other women. One is Irshad baji who wants the loan to expand her vegetable business. The other is Rani baji and she will use the funds to expand her milk business.

This is a group loan. The loan funds will be distributed among the group members and each will invest in her own business. The members mutually guarantee one another's loans and 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
  • 276
    View loans »
    Pakistan Loans Fundraising
  • $14,714,900
    Funds lent in using Kiva
  • 66.5
    Pakistan Rupees (PKR) = $1 USD

Success!! The loan was 100% repaid

A portion of Nazia Ghulam Farid's Group's $875 loan helped a member to improve their financial conditions.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Jul 30, 2008
Listed
Jul 14, 2008
Currency Exchange Loss:
Covered
Ended:
Dec 2, 2009