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Saima's Group
In this Group: Saima, Musarat, Parveen, Parveen, Rasheeda
Saima is 34 years old and is a hardworking woman. She lives in the remote area of Rawalpindi, Pakistan. She is a mother of three sons who are students. Her husband has been running a transport business but his income is insufficient to meet the household needs. Therefore Saima is helping her husband to meet the family's needs by running a small embroidery business at her home. She provides embroidery services to her community. All of her clients appreciate her for her work.

Presently, she is need of purchasing some embroidery products like a variety of threads, needles, clothing, etc to continue her business. For that reason, she is a member of a five-person lending group and has requested a loan from Kiva's partner BRAC Pakistan. This will help her to increase her net income and savings as well.

With the profit amount she wants to open an embroidery shop in the main market. She is very thankful to Kiva and BRAC Pakistan.

Note: In the picture Saima is raising 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
  • 208
    View loans »
    Pakistan Loans Fundraising
  • $13,144,600
    Funds lent in using Kiva
  • 98.2
    Pakistan Rupees (PKR) = $1 USD

Success!! The loan was 100% repaid

A portion of Saima's Group's $1,775 loan helped a member to purchase embroidery materials like needles and variety of threads.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 20, 2013
Listed
Mar 6, 2013
Currency Exchange Loss:
Possible
Ended:
Jan 17, 2014