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Razia's Group
In this Group: Razia, Khalida
Razia is the age of 30. She is the mother of three children. Her husband owns an electrician shop in which he sells electrical goods. He provides services to his clients for the maintenance of electric goods also. For the growth of his business and the desire to generate maximum profit for his family, he wants to buy more electrical goods. Therefore, Razia requested a loan from Kiva’s field partner BRAC Pakistan so that her husband can buy bulbs, tubes and energy savers, switches, bulb holders, sockets, etc. to offer to his customers.

Razia hopes that her husband will be able to grow his business soon.

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
  • 297
    View loans »
    Pakistan Loans Fundraising
  • $13,746,850
    Funds lent in using Kiva
  • 105.4
    Pakistan Rupees (PKR) = $1 USD

Success!! The loan was 100% repaid

A portion of Razia's Group's $475 loan helped a member to buy electrical goods for her husband's shop.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 21, 2014
Listed
Feb 6, 2014
Currency Exchange Loss:
Possible
Ended:
Dec 17, 2014