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Iffat's Group
In this Group: Iffat, Robina
Iffat, 33, lives in Lahore, Pakistan. She is the responsible mother of four children. Her husband is a rickshaw driver by profession.

For the past many days, her husband's rickshaw has not been working properly. Because of that, he has been unable to generate any amount of income. He wants to repair the rickshaw as soon as possible. Due to a lack of money, however, he is finding it difficult to cover the cost of repairing his rickshaw.

Therefore, Iffat has requested a loan from Kiva's partner BRAC Pakistan to help her husband cover the repair costs. This investment will help him continue his business. Iffat is very much thankful to Kiva.

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
  • 196
    View loans »
    Pakistan Loans Fundraising
  • $13,654,625
    Funds lent in using Kiva
  • 100.3
    Pakistan Rupees (PKR) = $1 USD

Success!! The loan was 100% repaid

A portion of Iffat's Group's $700 loan helped a member to cover the cost of repairing a rickshaw.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 11, 2013
Listed
Jul 21, 2013
Currency Exchange Loss:
Possible
Ended:
May 17, 2014