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Shahida Parveen Group
In this Group: Shahida Parveen , Bashiran , Qadeer Ilahi , Begum Safia Tahir, Bhoori
Shahida parveen baji is 26 years old, married and resides in a the city of Vehari, Pakistan. She owns a two room brick house and has lived there with her family for the past 20 years. She has no formal education but never hesitates to join a conversation as she has good talking manners. Her husband, M. H. has been in the dried fruit selling business for 10 years. He buys dried fruits from places called “Murree and Chitral”. These places are famous for their dried fruits. Shahida baji has one son who is just 4 days old. She stays at home, does household work and in addition, sews clothes as a business. She sews clothes at home, taking orders from her neighbors. She saves her income in a village bank and plans to renovate her house when she finally saves enough.. She is applying for a loan to buy dried fruit to expand her husband’s dried fruit selling business.

Shahida baji is a leader of a women's loan group. Bashiran baji wants a loan to buy groceries for her grocery shop. Qadeer Ilahi baji wants a loan to buy medicines for her drug store. Begum safia T. baji wants a loan to buy stationary (pencils, razors and notebooks) to resell. Bhoori baji wants a loan to buy beams for her shuttering 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
  • 197
    View loans »
    Pakistan Loans Fundraising
  • $13,654,625
    Funds lent in using Kiva
  • 78.4
    Pakistan Rupees (PKR) = $1 USD

Success!! The loan was 100% repaid

A portion of Shahida Parveen Group's $925 loan helped a member to buy dried fruits to resell.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Jan 20, 2009
Listed
Jan 7, 2009
Currency Exchange Loss:
Covered
Ended:
Apr 23, 2010