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Asma's Group
In this Group: Asma, Sughran
Asma is a 33-year-old married woman who is the mother of four children. She adores her family and her husband works very hard so that his family can have a good and respectable life. Asma's husband is an electrician by profession.

Asma is the leader of two-person loan group requesting a loan from the Kiva partner BRAC Pakistan. She will use her portion of the loan to purchase switches, switch boards, wires, and electric instruments for her husband. Asma's husband will be able to offer more variety to his customers and she hopes that her loan will be helpful for his business. Asma is thankful to Kiva and BRAC Pakistan.

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
  • 252
    View loans »
    Pakistan Loans Fundraising
  • $14,499,975
    Funds lent in using Kiva
  • 101.9
    Pakistan Rupees (PKR) = $1 USD

Success!! The loan was 100% repaid

A portion of Asma's Group's $700 loan helped a member to purchase switches, switch boards, wires, and electric instruments.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 29, 2013
Listed
Aug 12, 2013
Currency Exchange Loss:
Possible
Ended:
Jul 17, 2014