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Sakeena's Group
In this Group: Sakeena, Shaheen, Khalida, Anwar, Sajida
Sakeena baji is the wife of K. H.. She has been married for the last 40 years. She is a mother of five children: three sons and two daughters. Her first daughter and son are married. Her remaining children just received education till 5th standard. Her husband is a driver. He has been in this profession for the last 5 years. She is applying for a loan for her husband, who wants to buy auto-rickshaw.


She has been joined in her loan group a few more members: Shaheen baji, who wants loan to buy an auto-rickshaw; Khalida baji wants loan to buy electric items for her electric shop; Anwar baji wants a loan to buy a donkey cart; Sajida baji wants loan to buy ice for selling.


This is a group loan. The loan funds will be distributed among the group members, each of whom will invest in her 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
  • $13,425,575
    Funds lent in using Kiva
  • 66.5
    Pakistan Rupees (PKR) = $1 USD

Success!! The loan was 100% repaid

A portion of Sakeena's Group's $1,025 loan helped a member to improve their financial conditions.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Aug 25, 2008
Listed
Jul 19, 2008
Currency Exchange Loss:
Covered
Ended:
Dec 2, 2009