Check out some available loans that are similar to this one!
Fahmida's Group
In this Group: Fahmida, Shakeela
Fahmida is the age of 43. She is the mother of seven children. Her husband owns an electrician shop in which he sells electrics tube rods, bulbs and energy saver bulbs of various brands. He provides services to his clients for electric goods also. For the growth of his business and desire for getting maximum profit for his family, he wants to buy more bulbs, tube rods and energy savers for his shop.

Therefore, Fahmida requested a loan from Kiva’s field partner BRAC Pakistan, so that her husband becomes empowered to buy bulbs, tubes and energy savers. In addition, he wants some extra electric switches, bulb holders, sockets, etc., to offer his customers.

This is third loan for Fahmida; she describes her wish to take a huge amount after this loan. She hopes that her husband would be able to grow his business soon.

Note: Fahmida is standing with a raised hand in the given picture.

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
  • 137
    View loans »
    Pakistan Loans Fundraising
  • $13,079,825
    Funds lent in using Kiva
  • 104.9
    Pakistan Rupees (PKR) = $1 USD

Success!! The loan was 100% repaid

A portion of Fahmida's Group's $500 loan helped a member to buy tube rods, bulb and energy saver bulbs of various brands.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 12, 2013
Listed
Sep 25, 2013
Currency Exchange Loss:
Possible
Ended:
Sep 3, 2014