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Rehana Group
In this Group: Rehana, Zahida
Rehana is 46 years old hard working woman. She lives in Lahore, Pakistan with her husband, 2-sons and 4 daughters. All of her children are studying in school. Her husband owns a butcher shop in the main market which is the only source of income for their family. His monthly net income is insufficient to meet the family needs. Presently, he needs an additional capital to purchase bull calf to get meat.

For that reason his wife, Rehana, as member of 2-person lending group, has requested a loan from Kiva's partner BRAC Pakistan to help her husband. As their family expenditures are too much, as compared to the monthly income and savings. Rehana wants to open a new shop for her husband, with the profit amount. As a result of this, they can increase their monthly income as well as savings. Her dreams are for higher education for her children. She is very much thankful to Kiva for such a great help and kindness.

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

  • $3,004
    Average annual income
  • 140
    View loans »
    Pakistan Loans Fundraising
  • $13,079,825
    Funds lent in using Kiva
  • 109.0
    Pakistan Rupees (PKR) = $1 USD

Success!! The loan was 100% repaid

A portion of Rehana Group's $650 loan helped a member to buy beef/bull calf to sell.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 27, 2013
Listed
Dec 5, 2013
Currency Exchange Loss:
Possible
Ended:
Oct 17, 2014