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Fehmida's Group
In this Group: Fehmida, Munawar
Fehmida is living in the area of Lahore, Pakistan. She is the mother of five children and equally responsible for all of them.

She belongs to the ultra poor family that is why she cannot afford the educational expenses of all her children. One of her sons goes to the primary school. Her husband owns a blacksmith shop in which he provides the services of welding. He also provides door to door services to his customers. Due to increase in the iron’s prices he is unable to buy sufficient welding material such as welding rods, soldering rods etc to carry on his business.
To fulfill the demand of his customers and to run his enterprise he needs some capital to buy welding material.

Fehmida requested a loan from Kiva’s field partner BRAC Pakistan for her husband so that he would be able to buy welding material to carry on his business.

She is very glad and thankful 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.

Tags

About Pakistan

  • $4,700
    Average annual income
  • 279
    View loans »
    Pakistan Loans Fundraising
  • $14,700,975
    Funds lent in using Kiva
  • 106.3
    Pakistan Rupees (PKR) = $1 USD

Success!! The loan was 100% repaid

A portion of Fehmida's Group's $400 loan helped a member to buy welding material for manufacturing.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 22, 2013
Listed
Nov 1, 2013
Currency Exchange Loss:
Possible
Ended:
Sep 19, 2014