Check out some available loans that are similar to this one!
Muniran Ali Ahmad Group
In this Group: Muniran, Shamim Akhtar, Asia Parveen , Kaneez Bibi, Haleema Bibi
Muniran baji is a wife of A. A.. They live in a city named Pakpattan, Pakistan. Muniran baji has been living in this city for the past 10 years.


She is a very hardworking lady. She helps her husband to improve the financial condition of their family with her business. She knits clothes. Her husband works in a workshop.


They have two sons. Both of her sons help their father in repairing vehicles in the workshop.


Muniran baji successfully repaid her first loan from Asasah (a microfinance institute of Pakistan). Now she is applying for a loan to buy tools to start a motor workshop for her husband and her sons so they can have their own shop.


She is joined in her loan group by a few more members. Shamim baji wants a loan to buy chicken for her chicken selling business. Asia parveen baji wants a loan to buy tools for her bicycle repair business. Kaneez baji wants a loan to buy items such as chairs and tables for her barber saloon. Haleema baji wants a loan to buy groceries for her grocery shop.


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 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

  • $4,700
    Average annual income
  • 276
    View loans »
    Pakistan Loans Fundraising
  • $14,714,900
    Funds lent in using Kiva
  • 80.8
    Pakistan Rupees (PKR) = $1 USD

Success!! The loan was 100% repaid

A portion of Muniran Ali Ahmad Group's $1,025 loan helped a member to buy tools to start a motor workshop.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Nov 25, 2008
Listed
Nov 23, 2008
Currency Exchange Loss:
Covered
Ended:
Mar 29, 2010