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Saira Group
In this Group: Saira, Ghazala
Saira is a 35-year-old, hard-working woman. She lives in Rawalpindi, Pakistan, with her husband and two children. Her husband is a laborer, and his income is insufficient to meet the family's needs. Saira is trying to help him fulfill their needs, by stitching clothing.

Since 2008 she has been operating her tailoring business very efficiently, but she is currently in need of purchasing a new sewing machine, as her old machine is not working properly. She has requested a loan as a member of a two-person group from Kiva’s partner, BRAC Pakistan, so she can continue her business by purchasing a sewing machine. Her production could be increased in this way, and with the profits she will pay the household expenses and can increase her monthly savings. She is hopeful that the loan will be a productive one for them and is very thankful to Kiva and BRAC Pakistan.

Note: In the picture, Saira 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
  • 211
    View loans »
    Pakistan Loans Fundraising
  • $13,141,000
    Funds lent in using Kiva
  • 98.4
    Pakistan Rupees (PKR) = $1 USD

Success!! The loan was 100% repaid

A portion of Saira Group's $475 loan helped a member to purchase a new sewing machine.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 21, 2013
Listed
Apr 6, 2013
Currency Exchange Loss:
Possible
Ended:
Jan 17, 2014