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Saeeda's Group
In this Group: Saeeda , Nasreen
Saeeda is 42 years old and is a married woman. She is a mother of five children. She adores her family and her husband works very hard so that his family can have a good and respectable life. Her husband started his own clothing business eight years ago.

Saeeda, as a member of a two-persons lending group, has requested a loan from Kiva's partner BRAC Pakistan for her husband. He will use the loan amount to increase his supply so that he can offer more variety to the customers. He plans to expand his business with the additional income he earns.

Saeeda hopes that the loan will be helpful for her husband's business. She is thankful to Kiva and BRAC Pakistan.

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

  • $4,700
    Average annual income
  • 280
    View loans »
    Pakistan Loans Fundraising
  • $14,699,975
    Funds lent in using Kiva
  • 105.5
    Pakistan Rupees (PKR) = $1 USD

Success!! The loan was 100% repaid

A portion of Saeeda's Group's $725 loan helped a member to purchase a variety of clothes to sell.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 30, 2013
Listed
Jan 8, 2014
Currency Exchange Loss:
Possible
Ended:
Nov 17, 2014