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Safia's Group
In this Group: Safia, Farzana
Safia is a 60-year-old woman. She lives in Taxila, Pakistan with her three children. One of her sons is a rickshaw driver by profession: he has been driving a rickshaw for many years. Safia is also providing sewing services and earns income to contribute, with her husband, to managing the household.

She is in need of different kinds of goods, for example needles, threads, pieces of cloth, machine oil, etc. for her business purposes, but due to insufficient financial means, she is unable to purchase these accessories. Therefore, Safia has applied for a Kiva loan from the field partner BRAC Pakistan. This loan will enable her to purchase these above accessories, and will also also help her to increase monthly sales and profit by providing better sewing services.

Safia 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

  • $4,700
    Average annual income
  • 246
    View loans »
    Pakistan Loans Fundraising
  • $14,499,975
    Funds lent in using Kiva
  • 99.3
    Pakistan Rupees (PKR) = $1 USD

Success!! The loan was 100% repaid

A portion of Safia's Group's $825 loan helped a member to buy some accessories for her tailoring business.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 3, 2014
Listed
Mar 17, 2014
Currency Exchange Loss:
Possible
Ended:
Jan 17, 2015