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Seeran's Group
In this Group: Seeran, Khursheed, Nasreen, Bashiran, Hafizan
Seeran baji, the wife of K. M., has lived in Chichawatni, Pakistan for the last 50 years. She owns a five room brick house and is the mother of eight children. Her first two sons are in 7th standard (grade). She recently completed her first loan from Asasah (a microfinance institute of Pakistan), using the funds to buy a vehicle. She is now applying for a new one on behalf of her husband, a driver by profession, who wants to repair his truck.

She is joined in her loan group by four members: Khursheed baji wants a loan to purchase car seat covers to resell; Nasreen baji, Bashiran baji and Hafizan baji each want a loan to buy an auto-rickshaw (local three-wheeled motor vehicle).

This is a group loan. The loan funds will be distributed among the group members, each of whom will invest in her own business. The members guarantee one another's loans, so if one member does not repay, the other members are responsible.

Additional Information

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
  • 365
    View loans »
    Pakistan Loans Fundraising
  • $15,689,950
    Funds lent in using Kiva
  • 70.4
    Pakistan Rupees (PKR) = $1 USD

Success!! The loan was 100% repaid

A portion of Seeran's Group's $1,125 loan helped a member to expand their businesses.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Sep 7, 2008
Jul 27, 2008
Currency Exchange Loss:
Dec 2, 2009