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Bushra's Group
In this Group: Bushra, Shahida, Shahnaz
Bushra is acting as group leader and taking the responsibility for her group members. This is Bushra's third loan; she has taken the responsibility on the behalf of all group members, and she affirmed that she will pay all installments on time because she wants to take out another loan in the future. Bushra is very thankful to Kiva and field partner BRAC Pakistan.

Bushra is a 48-year-old married woman, living in the area of Lahore, Pakistan. She is requested a loan for her husband’s fruit-selling business. Her husband owns a fruit shop in the community and participates in the household expenses. He likes to sell seasonal fruit, and right now he wants to buy oranges in large quantity to sell because it's their season and their price is very low.

Therefore, Bushra requested a loan from Kiva’s field partner so her husband can buy the oranges in bulk. She hopes that this loan will prove productive for her and she will soon be able to save a reasonable amount.

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
  • 265
    View loans »
    Pakistan Loans Fundraising
  • $13,737,225
    Funds lent in using Kiva
  • 105.9
    Pakistan Rupees (PKR) = $1 USD

Success!! The loan was 100% repaid

A portion of Bushra's Group's $950 loan helped a member to buy seasonal fruit such as oranges in bulk.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 10, 2014
Listed
Jan 16, 2014
Currency Exchange Loss:
Possible
Ended:
Nov 17, 2014