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Sumaira's Group
In this Group: Sumaira, Zareena
Sumaira, a member of a two-person borrowing group, is a 38-year-old hardworking and diligent woman. Her husband is a video recorder and makes movies of marriages. He has been doing this work for nine years. He is a very skilled and expert moviemaker and his clients are very well satisfied with his work. Currently, he requires a high-resolution movie camera to make the best quality movies. For that purpose, Sumaira has requested a loan from Kiva's partner BRAC Pakistan. Her husband will purchase a new camera and do his work with more efficiency in the future. This will also increase their net income and savings. Sumaira is very hopeful for this loan as this could solve many of their financial problems. With the profit, Sumaira will pay her household expenses. NOTE: In the picture, Sumaira 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

  • $4,700
    Average annual income
  • 245
    View loans »
    Pakistan Loans Fundraising
  • $14,499,975
    Funds lent in using Kiva
  • 98.5
    Pakistan Rupees (PKR) = $1 USD

Success!! The loan was 100% repaid

A portion of Sumaira's Group's $475 loan helped a member to purchase a movie camera.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 14, 2013
Listed
Jun 22, 2013
Currency Exchange Loss:
Possible
Ended:
May 17, 2014