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Sugran's Group
In this Group: Sugran, Irshad, Shabnam, Nazia, Rashida, Safia, Majidan
Sugran Baji is married to R. M. and lives in Kot Radha Kishan, a small town near the city of Kasur, Pakistan. She owns a two-room brick house, in which she has been living for the last 25 years. Sugran Baji has five children: a son and four daughters. Her eldest daughter has completed five years of education and is now working in a factory. The other children stay at home and help with household work. Sugran Baji’s husband owns a brick-sales business, while Sugran Baji herself is a housewife, taking care of the household and the family. She is now applying for a loan to buy an additional amount of bricks for her husband’s brick-sales business.



She is borrowing together with a group of other women: Irshad Baji, Shabnam Baji, and Nazia Baji each need a loan to buy bricks for re-sale; Rashida Baji is borrowing to buy groceries for her grocery store, while Safia Baji and Majidan Baji each need a loan to buy a buffalo for their milk-sales businesses.



This is a group loan. The loan funds will be distributed among the group members, each of whom will invest in her own business. The members mutually guarantee one another's loans. If one member does not repay, the other members are equally responsible.

Additional Information

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
  • 296
    View loans »
    Pakistan Loans Fundraising
  • $13,746,850
    Funds lent in using Kiva
  • 80.9
    Pakistan Rupees (PKR) = $1 USD

Success!! The loan was 100% repaid

A portion of Sugran's Group's $1,250 loan helped a member purchase of bricks for re-sale.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Nov 12, 2008
Listed
Oct 29, 2008
Currency Exchange Loss:
Covered
Ended:
Mar 11, 2010