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Yasmeen's Group
In this Group: Yasmeen, Shaheen, Jamila
Yasmeen is a 38-year-old poor lady. The financial condition of her family is not good and the living standard seems not for humans. She wants to establish her house and change the living standard of her family. Her whole family is depending upon a single earning person. Her husband drives a rickshaw which is their single source of income.
Her husband is getting a new auto rickshaw from a rickshaw maker, he has almost made the whole rickshaw but the body structure is left to be made.
Therefore, Yasmeen taking the loan for her husband so that he could complete the remaining body structure of his auto rickshaw. In this way she will encourage her husband, so that he could drive his new rickshaw and get income for her family.
Yasmeen hopes that her husband will have a stable profession and drive the auto rickshaw for a long time.
Yasmeen is very thankful to Kiva and to its field partner 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.

Tags

About Pakistan

  • $4,700
    Average annual income
  • 210
    View loans »
    Pakistan Loans Fundraising
  • $14,459,275
    Funds lent in using Kiva
  • 106.5
    Pakistan Rupees (PKR) = $1 USD

Success!! The loan was 100% repaid

A portion of Yasmeen's Group's $900 loan helped a member to buy a new body for an auto rickshaw.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 25, 2013
Listed
Oct 5, 2013
Currency Exchange Loss:
Possible
Ended:
Aug 22, 2014