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Irshad Rani's Group
In this Group: Irshad Rani, Bashiran, Nasreen, Mumtaz, Shabnam, Nasreen
Irshad rani baji is the wife of B. M. and lives in the city named Lahore, in a district called named Walton, Pakistan. She has been married for the last 25 years. She is the mother of five children: four boys and one girl.

Irshad baji's brother has a cigarette shop. Her elder son works with her brother. The next eldest is in 10th standard. The one after him works in a factory. Her younger son wants to be a tailor. Her daughter completed her 10th standard and presently she is free and does household work.

Irshad baji's husband is a daily wage laborer. Irshad baji is a housewife and prefers to do household work. She has successfully repaid her three loans from Asasah (a microfinance institute in Pakistan). Now she is applying for a loan to buy more cigarettes for her brother's cigarette shop.

She is joined in her loan group by several more members. Mumtaz baji wants a loan to buy wood for her shutter business. Nasreen baji wants a loan to buy cosmetics for her beauty parlor. Bashiran baji wants a loan to repair her auto-rickshaw (a local three-wheeled vehicle). Nasreen and Shabnam baji each want a loan to buy spare parts for vehicles.

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
  • 278
    View loans »
    Pakistan Loans Fundraising
  • $14,714,500
    Funds lent in using Kiva
  • 76.1
    Pakistan Rupees (PKR) = $1 USD

Success!! The loan was 100% repaid

A portion of Irshad Rani's Group's $1,300 loan helped a member to buy cigarettes to re-sell.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Sep 23, 2008
Sep 9, 2008
Currency Exchange Loss:
Dec 2, 2009