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Poli Group
In this Group: Poli, Naheed
Poli is a 45-year-old responsible housewife. She is living in Rawalpindi, Pakistan with her husband and two sons. Her husband is a rickshaw driver and his monthly income is insufficient to meet the household expenses.
Poli wants to purchase a new rickshaw for one of her sons so that he can help his father. Her son is 23 years old and he would also complete his education along with driving rickshaw. They are facing a lot of financial problems in life and this loan could solve many of their problems. Poli is hopeful that the loan would be a productive one for her.

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

  • $4,700
    Average annual income
  • 276
    View loans »
    Pakistan Loans Fundraising
  • $14,714,900
    Funds lent in using Kiva
  • 98.4
    Pakistan Rupees (PKR) = $1 USD

Success!! The loan was 100% repaid

A portion of Poli Group's $450 loan helped a member to purchase new rickshaw.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 9, 2013
Listed
Apr 21, 2013
Currency Exchange Loss:
Possible
Ended:
Feb 17, 2014