Check out some available loans that are similar to this one!
Fatima's Group
In this Group: Fatima, Rehana, Khalida
Fatima is a 38-year-old mother of two sons. She lives in Rawalpindi, Pakistan. Her husband is a mason by profession, and he is responsible for feeding his family and managing the entire household. Fatima has been running her own business selling clothes for the past six years. And she also contributes her income with her husband's to fulfill the needs of her family.

Fatima needs different types of clothes for the purpose of reselling, but she does not have enough money to buy these clothes in bulk. Therefore, she has applied for a Kiva group loan with other two members. With the help of this loan, she can easily purchase clothes in bulk for her business purpose.
For this financial assistance, Fatima is very 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
  • 235
    View loans »
    Pakistan Loans Fundraising
  • $13,714,025
    Funds lent in using Kiva
  • 104.8
    Pakistan Rupees (PKR) = $1 USD

Success!! The loan was 100% repaid

A portion of Fatima's Group's $825 loan helped a member to buy different types of clothes for the purpose of reselling.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 17, 2014
Listed
Feb 24, 2014
Currency Exchange Loss:
Possible
Ended:
Jan 17, 2015