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Shehnaz's Group
In this Group: Shehnaz, Zahida
Shehnaz is 55 years old active borrower of BRAC Pakistan. She is a mother of three children and her husband is an electrician by profession, he is only responsible to fulfill the needs of entire family. Shehnaz has also been doing her business of cloth selling for past ten years and contributes her income with her husband to manage the house hold.
Shehnaz needs to buy different types of clothes for reselling purpose but due to insufficient financial means she is not in the position to buy these clothes for her business purpose therefore She has applied for Kiva group loan with another member from its field partner BRAC Pakistan. With the help of this loan she can purchase the clothes easily to fulfill her business needs, so that she can earn more profitable income to support her family and business.
On this financial assistance Shehnaz 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
  • 142
    View loans »
    Pakistan Loans Fundraising
  • $13,462,325
    Funds lent in using Kiva
  • 98.1
    Pakistan Rupees (PKR) = $1 USD

Success!! The loan was 100% repaid

A portion of Shehnaz's Group's $1,225 loan helped a member to buy different types of Clothes for reselling purpose.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 20, 2014
Listed
Mar 25, 2014
Currency Exchange Loss:
Possible
Ended:
Jan 17, 2015