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Sharifan Liaqat Group
In this Group: Sharifan , Khalida , Shamim , Jamila Begum , Latifan
Sharifan baji is a 52-year-old widow and has been a citizen of a city named Arifwala, Pakistan, for the past 25 years. She is a very hard-working lady. She started doing embroidery and stitching dresses after the death of her husband, to help with bringing up the children. She has three kids: two sons and one daughter. Her elder son is a loader. Another works in a workshop. Her daughter stays at home and helps her in making embroidered dresses. She is applying for a loan to buy a new donkey cart for her son because his old cart has became rough.



She is the group leader of some more women of her locality. Khalida baji wants a loan to buy a buffalo for her milk selling business. Shamim baji wants a loan to buy a donkey cart for loading. Jamila begum baji wants a loan to buy vegetables to resell. Latifan 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

  • $3,004
    Average annual income
  • 295
    View loans »
    Pakistan Loans Fundraising
  • $13,759,750
    Funds lent in using Kiva
  • 79.3
    Pakistan Rupees (PKR) = $1 USD

Success!! The loan was 100% repaid

A portion of Sharifan Liaqat Group's $775 loan helped a member to buy a donkey cart.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Jan 29, 2009
Listed
Jan 23, 2009
Currency Exchange Loss:
Covered
Ended:
Apr 30, 2010