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Saiqa Group
In this Group: Saiqa, Zeenat, Gulshan
Saiqa is a 31 year old mother of one son and two daughters. She is living in one of the poorly developed area of Rawalpindi, Pakistan. Her husband has been running a general store since 2009 and wants to expand it by purchasing more goods. Because of financial constraints he finds this difficult.

For that reason, Saiqa has requested a loan from Kiva’s partner BRAC Pakistan, for the growth of her husband's general store. He would purchase items like bread, eggs, detergents, washing powder etc., for his general store .This will help in increasing his sales and his monthly income. She is hopeful that the loan will result in a positive and productive outcome for them so that they can lead a happy life.

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
  • 271
    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 Saiqa Group's $575 loan helped a member to purchase a variety of goods for the general store.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Apr 11, 2013
Apr 28, 2013
Currency Exchange Loss:
Feb 17, 2014