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Naseem Group
In this Group: Naseem, Nusrat
Naseem is a 49-year-old women and lives in Rawalpindi, Pakistan with her spouse and six children. She is a member of 2-person lending group requesting a loan from Kiva partner BRAC Pakistan. She wants the financing to invest in her tailoring business for the help of her husband. As this shop is the only source of income for their family, she wants to expand it through this financing and make her life happy.

She is very experienced and professional in her dealings and has been operating her business for the past ten years. Naseem is hopeful that the loan will be a productive one for them and bring positive changes in the life of their family.

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
  • 247
    View loans »
    Pakistan Loans Fundraising
  • $14,499,975
    Funds lent in using Kiva
  • 105.9
    Pakistan Rupees (PKR) = $1 USD

Success!! The loan was 100% repaid

A portion of Naseem Group's $475 loan helped a member to pay for the expansion of her tailoring business.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 23, 2013
Listed
Oct 11, 2013
Currency Exchange Loss:
Possible
Ended:
Aug 22, 2014