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Syeda Sarwat Parveen's Group
In this Group: Syeda Sarwat Parveen, Shahnaz, Shazia
Sayeda Sarwat Parveen baji, the wife of S. K. A., has lived for the last 18 years in an area of Lahore, Pakistan called Ismail Nagar. Preferring to do household work and take care of her family, she is the mother of four sons, two in 10th standard, one in 7th standard and the youngest in 4th standard. Her husband has run a small hotel with an eatery in the community for the past four years.

Sayeda baji is now requesting a loan to buy cooking materials (lentils, cooking oil, spices) for her husband's food business. She is joined in her loan group by two other members: Shahnaz baji wants a loan to buy beams and rope for her shuttering business, while Shazia baji wishes to purchase seasonal fruits to resell.



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
  • 279
    View loans »
    Pakistan Loans Fundraising
  • $14,700,975
    Funds lent in using Kiva
  • 75.9
    Pakistan Rupees (PKR) = $1 USD

Success!! The loan was 100% repaid

A portion of Syeda Sarwat Parveen's Group's $725 loan helped a member to buy cooking materials for the food business.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Sep 30, 2008
Listed
Sep 16, 2008
Currency Exchange Loss:
Covered
Ended:
Dec 2, 2009