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Naseem M. Zahid Group
In this Group: Naseem, Sajida, Shabana, Sakina, Hashmat
Naseem Baji is the widow of M. Zahid and lives in a small city named Chichawatni, Pakistan. Her husband left her at the time when her daughters were young. Without any support, Naseem Baji worked hard and improved the education of her daughters. All of her daughters completed their education to the 10th standard.

She successfully completed her first loan from Asasah (a microfinance institute of Pakistan). She bought wood with her first loan. She cuts the wood into pieces and sells it in the community. She chose this profession because gas is not available in her area and people burn the wood for cooking. Now she is applying for a loan for the same business.

She is joined in her loan group by a few more members. Sajida Baji wants a loan to buy a donkey cart for hauling. Shabana Baji wants a loan to buy food (rice and cooking oil) for her food business. Sakina Baji and Hashmat Baji each want a loan to buy groceries for their grocery shop.

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

  • $4,700
    Average annual income
  • 275
    View loans »
    Pakistan Loans Fundraising
  • $14,699,975
    Funds lent in using Kiva
  • 74.2
    Pakistan Rupees (PKR) = $1 USD

Success!! The loan was 100% repaid

A portion of Naseem M. Zahid Group's $1,150 loan helped a member to buy woods to increase her profit.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Sep 15, 2008
Sep 1, 2008
Currency Exchange Loss:
Dec 2, 2009