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Rani's Group
In this Group: Rani, Sajida
Rani lives in Lahore, Pakistan. She is a married woman. Her husband owns a clothing business in the market. He is a very hard working person. He purchases a variety of clothes from different areas and sells them in the main market. He sells a variety to his customers. Presently, he does not have enough money to purchase more variety to sell. Therefore his wife Rani, as a member of a two person lending group, has requested a loan from Kiva's partner, BRAC Pakistan, to help her husband. With the help of the loan amount he will purchase a variety of clothes and sell them in the main market at a profitable price. Rani 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.

About Pakistan

  • $3,004
    Average annual income
  • 137
    View loans »
    Pakistan Loans Fundraising
  • $13,079,825
    Funds lent in using Kiva
  • 104.9
    Pakistan Rupees (PKR) = $1 USD

Success!! The loan was 100% repaid

A portion of Rani's Group's $650 loan helped a member to help her husband purchase a variety of clothes to sell.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 10, 2014
Listed
Feb 22, 2014
Currency Exchange Loss:
Possible
Ended:
Jan 17, 2015