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Zareena Malik Bashir Ahmad Group
In this Group: Zareena , Shamim , Maqsoodan , Hakim Bibi, Saima Bibi
Zareena baji is the 45-year-old wife of M. B. A., and she resides in the city of Mumtazabad, which is famous for its holy places. In fact, she has lived in Mumtazabad for her entire life. She has one son, Javed, who completed his education through the 10th standard. Now, Javed works as a salesman in a vegetable market. Zareena baji’s husband is a driver by profession: he drives trucks loaded with various goods. More specifically, he delivers different items (such as vegetables and fruits) to different cities, and he has been in this business for the past 10 years.

Meanwhile, Zareena baji has a clothes-selling business, which she has operated for the past 7 years. Indeed, she collects clothes from the famous cloth markets of Lahore (“Ichra Bazaar and Anarkali”) and sells such clothes in her community for a profit. On average, she sells 15 suits per week, and she earns $8 to $10 by doing so. Notably, she has already successfully repaid two prior loans from Asasah, a microfinance institution of Pakistan. She is now applying for another loan to expand her clothes-selling business.

She is joined in her loan group by four other members: Shamim baji seeks a loan to buy groceries for her grocery shop; Maqsoodan baji requests a loan to buy bed sheets to resell; Hakim baji is in need of a loan to buy vehicle wheels to resell; and Saima baji would like a loan to repair her auto-rickshaw (a local three-wheeled motor vehicle). In this way, this is a group loan; as such, the loan proceeds will be distributed amongst the group members, each of whom will invest in her own business. Importantly, the group members mutually guarantee one another's loans; as a result, if one group member does not repay her portion of the loan, then the other members are responsible for curing the arrears.

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

  • $4,700
    Average annual income
  • 253
    View loans »
    Pakistan Loans Fundraising
  • $14,728,150
    Funds lent in using Kiva
  • 80.8
    Pakistan Rupees (PKR) = $1 USD

Success!! The loan was 100% repaid

A portion of Zareena Malik Bashir Ahmad Group's $1,075 loan helped a member to expand her business by purchasing additional clothes to resell.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Nov 26, 2008
Nov 19, 2008
Currency Exchange Loss:
Mar 26, 2010