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Sobia's Group
In this Group: Sobia, Tahira, Latif, Parveen, Samina, Naheed
Sobia, a 35-year-old active borrower of BRAC Pakistan, is a responsible mother of three daughters. Her husband has been working as a laborer for many years. He is responsible for fulfilling the needs of all family members and managing the entire household.

Sobia's husband wants to purchase a new plaster machine for his business, but due to insufficient financial means he is unable to buy it. Therefore Sobia has applied for a Kiva loan from its field partner BRAC Pakistan to help with this purchase.

Sobia is very thankful to Kiva and BRAC Pakistan for their support.

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
  • 153
    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 Sobia's Group's $2,200 loan helped a member to buy a new plaster machine for her husband's business.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 17, 2014
Listed
May 1, 2014
Currency Exchange Loss:
Possible
Ended:
Feb 21, 2015