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Tanveer M. Anwar's Group
In this Group: Tanveer, Parveen, Parveen, Shameem
Tanveer baji is divorced from Mr. M. A.. She has been living in a city named Multan, Pakistan, for the last 5 years. She is the mother of three sons. Her elder son works in a factory. The next eldest is in the 7th standard grade. Her younger son is in the 6th standard grade. Tanveer baji has a cloth-selling business. She chose this profession because there is strong demand for her cloth in the market. She collects good profits from this business. She successfully completed two loans from Asasah (a microfinance institute of Pakistan). Now she is applying for a loan to buy more cloth to resell.


She is joined in her loan group by a few more members. Parveen baji wants a loan to buy more milk for her milk business. Another group member named Parveen baji wants a loan to buy animals for her meat business. Shameem baji wants a loan to buy spicy nimko to resell.


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

  • $3,004
    Average annual income
  • 234
    View loans »
    Pakistan Loans Fundraising
  • $13,718,875
    Funds lent in using Kiva
  • 73.4
    Pakistan Rupees (PKR) = $1 USD

Success!! The loan was 100% repaid

A portion of Tanveer M. Anwar's Group's $1,075 loan helped a member to expand their businesses.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Sep 12, 2008
Listed
Aug 29, 2008
Currency Exchange Loss:
Covered
Ended:
Dec 2, 2009