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Kaneez Fatima Group
In this Group: Kaneez , Zahida, Shamim Ara, Zahida
Kaneez , a hard-working 51-year-old woman, lives in Rawalpindi, Pakistan with her husband, 2 sons, and 2 daughters. One son and both daughters are studying, and her husband is an auto mechanic. His income is insufficient to meet the family's needs, so Kaneez is trying to help him fulfill their needs by stitching clothes. She herself is a tailor, and she wants to generate more income by purchasing a new sewing machine. She will extend her business if she gets a good amount of profits in the future.

As a part of 4-person lending group, Kaneez has requested a loan from KIVA partner BRAC Pakistan to purchase a sewing machine to stitch more dresses and to satisfy the needs of her clients more professionally. She hopes, with the help of the loan, to reach her desired net income and to be able to save for her family’s future. She dreams of giving her children a quality education.

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
  • 149
    View loans »
    Pakistan Loans Fundraising
  • $13,462,325
    Funds lent in using Kiva
  • 106.4
    Pakistan Rupees (PKR) = $1 USD

Success!! The loan was 100% repaid

A portion of Kaneez Fatima Group's $950 loan helped a member to purchase a new sewing machine.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 12, 2013
Listed
Dec 22, 2013
Currency Exchange Loss:
Possible
Ended:
Oct 17, 2014