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Parveen's Group
In this Group: Parveen, Aneela
Parveen is at the age of 43, living in the area of Lahore, Pakistan. She has to work hard to feed her family. She is the mother of 2 sons and 3 daughters.
Her husband is a vagabond and does not understand his responsibilities towards his family.

To manage her household expenses, she owns a small tailoring business, with the help of her daughters, at her home. Parveen and her daughters have been sewing cloths for many years now. Her daughter grown young. Her daughter has been helping and learning tailoring arts with her, and now she has gotten a lot of experience. Parveen wants to buy a used Juki machine for her so that she can contribute to her income.

Therefore, Parveen requested a loan from Kiva’s field partner, BRAC Pakistan, so that her daughter can do some extra tailoring work and contribute to the monthly income.

Parveen wants to make some savings so that she can arrange the marriage ceremony of her daughters.
Parveen says thanks to Kiva and 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.

About Pakistan

  • $4,700
    Average annual income
  • 246
    View loans »
    Pakistan Loans Fundraising
  • $14,499,975
    Funds lent in using Kiva
  • 106.0
    Pakistan Rupees (PKR) = $1 USD

Success!! The loan was 100% repaid

A portion of Parveen's Group's $475 loan helped a member to buy a sewing machine for her daughter.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 8, 2013
Listed
Oct 17, 2013
Currency Exchange Loss:
Possible
Ended:
Sep 2, 2014