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Rukhsana's Group
In this Group: Rukhsana, Razia
Rukhsana is a 46-year-old married woman who has run a small general store in her community for many years. She offers a variety of grocery items at reasonable prices and has retained many customers who regularly shop at her store. She makes enough to provide for her family.

To fully stock her store, she has requested a loan, which she will use to buy stock of rice, sugar and flour from the market at lower rates. Rukhsana would then be able to meet the increasing demand consistently. She wishes to utilize part of her revenues to increase her business capital.

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

  • $3,004
    Average annual income
  • 210
    View loans »
    Pakistan Loans Fundraising
  • $13,109,125
    Funds lent in using Kiva
  • 105.5
    Pakistan Rupees (PKR) = $1 USD

Success!! The loan was 100% repaid

A portion of Rukhsana's Group's $475 loan helped a member to buy inventory for her general store.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 30, 2013
Listed
Jan 7, 2014
Currency Exchange Loss:
Possible
Ended:
Nov 17, 2014