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Gulnar Safdar Group
In this Group: Gulnar , Abida Parveen , Sundas , Marry Silvia
Gulnar Baji is 40 years old, married, and resides in an area named Kot Radha Kishan near the city of Kasur, Pakistan. Kot Radha Kishan is 24 km away from Kasur. She is an uneducated lady; she couldn’t get an education because her parents didn’t allow her to go to school. Gulnar Baji has decided that she’ll send her children to school. Her husband, S., has a livestock business. He buys animals (goats and sheep) from animal markets and sells them to different butcher shops. He has 11 years of experience in this business. She is the mother of five children: two sons and three daughters. Her eldest daughter is in 10th grade. The next oldest is in 8th grade. Her youngest daughter is in 6th grade. Her sons are in kindergarten. Gulnar Baji helps her husband by sewing clothes and making embroidered dresses. She shares her income to relieve her husband from financial burden. She successfully repaid her five loans from Asasah (a microfinance institute in Pakistan). Now she is applying for a loan to buy more animals to grow her husband’s business.

She is the leader of a group of a few women in her locality. Abida Parveen Baji wants a loan to buy clothes for her clothing sales business. Sundas Baji wants a loan to buy chairs for her salon. Marry Silvia Baji wants a loan to buy buffalo for her milk-selling business.

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

  • $3,004
    Average annual income
  • 239
    View loans »
    Pakistan Loans Fundraising
  • $14,142,050
    Funds lent in using Kiva
  • 78.8
    Pakistan Rupees (PKR) = $1 USD

Success!! The loan was 100% repaid

A portion of Gulnar Safdar Group's $1,050 loan helped a member to buy animals to resell.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Jan 5, 2009
Listed
Dec 26, 2008
Currency Exchange Loss:
Covered
Ended:
Apr 12, 2010