Check out some available loans that are similar to this one!
Shaheen's Group
In this Group: Shaheen, Naghma
Shaheen has been saving money for many days to buy a new auto rickshaw for her husband. However, when the time came to purchase the item, money became short. Therefore, she has requested a loan so that he can buy a new rickshaw for her husband's business. She had received a loan in past but she could not buy a rickshaw for her husband due to household expenses. This time, she will successfully buy the new rickshaw with the contribution of her previous savings.

Shaheen is a 29-year-old woman who lives with her six children and spouse in the area of Lahore, Pakistan.

She hopes that this time her husband can easily generate sufficient income to cherish his children and promises to pay all the installments on time. She is very happy and grateful after taking this loan. She thanks Kiva and its field partner 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.

About Pakistan

  • $4,700
    Average annual income
  • 233
    View loans »
    Pakistan Loans Fundraising
  • $14,472,625
    Funds lent in using Kiva
  • 105.3
    Pakistan Rupees (PKR) = $1 USD

Success!! The loan was 100% repaid

A portion of Shaheen's Group's $475 loan helped a member to buy a new auto rickshaw for her husband.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 9, 2014
Listed
Jan 15, 2014
Currency Exchange Loss:
Possible
Ended:
Nov 17, 2014