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Maqbool Group
In this Group: Maqbool, Nasira
Maqbool is a 30-year-old responsible and hardworking housewife. She is a mother of five children, and her husband is currently working as an auto mechanic. Maqbool and her husband have been saving money for many years to purchase a van. Her husband wants to start his own transport business. For that purpose, as a member of a two-person lending group, Maqbool has requested a loan from Kiva's partner BRAC Pakistan. They would purchase the van to start their own business. This could solve many of their financial problems. Maqbool is very much thankful to Kiva.

Note: In the picture, Maqbool 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
  • 164
    View loans »
    Pakistan Loans Fundraising
  • $13,425,575
    Funds lent in using Kiva
  • 98.4
    Pakistan Rupees (PKR) = $1 USD

Success!! The loan was 100% repaid

A portion of Maqbool Group's $725 loan helped a member to purchase a van.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 22, 2013
Listed
May 7, 2013
Currency Exchange Loss:
Possible
Ended:
Mar 17, 2014