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Surat Group
In this Group: Surat, Vanles
Surat is a 40-year-old woman living in Rawalpindi, Pakistan, with her spouse and five daughters. Since 2004, her husband has been running a small vegetable shop and usually sells his vegetables in the central market. He always sells fresh vegetables and his clients are satisfied with his rates.

Surat has requested a loan from Kiva's partner, BRAC Pakistan, for the expansion of her husband's shop. With the loan investment, her husband can buy a variety of fresh vegetables that will allow him to offer more varieties to his clients and increase his sales and income. Her husband is a very hardworking and honest man and is confident about his family’s bright future.

NOTE: In the picture Surat 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
  • 139
    View loans »
    Pakistan Loans Fundraising
  • $13,288,575
    Funds lent in using Kiva
  • 98.5
    Pakistan Rupees (PKR) = $1 USD

Success!! The loan was 100% repaid

A portion of Surat Group's $525 loan helped a member to purchase a variety of fresh vegetables.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 16, 2013
Listed
May 3, 2013
Currency Exchange Loss:
Possible
Ended:
Feb 17, 2014