Check out other loans that are currently fundraising!
Shamim's Group
In this Group: Shamim, Kanizan, Irshad, Rashida
Shamim baji is the widow of M. and lives in the city of Borewala, Pakistan. She has been living in this city for the last 30 years. Shamim baji is the mother of two sons, and both drive a transport truck. Shamim baji has a clothing business, and she is applying for a loan to buy more garments to expand her business.

She is joined in her loan group by a few more members: Kanizan baji and Irshad baji each want a loan to buy an auto-rickshaw (local three-wheeled motor vehicle); and Rashida baji wants a loan to buy garments for her clothing business.

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 mutually guarantee one another's loans. 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
  • 240
    View loans »
    Pakistan Loans Fundraising
  • $14,477,675
    Funds lent in using Kiva
  • 71.5
    Pakistan Rupees (PKR) = $1 USD

Success!! The loan was 100% repaid

A portion of Shamim's Group's $925 loan helped a member to expand their businesses.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Sep 13, 2008
Listed
Aug 24, 2008
Currency Exchange Loss:
Covered
Ended:
Dec 2, 2009