Check out some available loans that are similar to this one!
Bashiran Majeed Masih Group
In this Group: Bashiran , Fozia , Razia , Wanaliat , Farzana
Bashiran baji is a 46-year-old married lady and has resided in a city named Borewala, Pakistan, for the past 25 years. Her husband's name is M. M. and he has an animal food selling business. He has been in this business for the past 15 years.



She is the mother of three kids: two sons and one daughter. Her sons are also involved in their father’s business. Her daughter is 12 years old and stays at home and does household work. Bashiran baji is involved in a milk selling business. She has a buffalo at her house and gets milk from her by getting up early in the morning. She does this work to share the financial burden of her husband. She successfully repaid her two previous loans from Asasah (a microfinance institute of Pakistan). Now she is applying for a loan to buy animal food to resell.



She is a group leader of some more women of her locality. Fozia baji and Razia baji each want a loan to buy leather to resell. Wanaliat baji wants a loan to buy a buffalo for her milk selling business. Farzana baji wants a loan to buy animals (goats) to resell.



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
  • 177
    View loans »
    Pakistan Loans Fundraising
  • $13,083,375
    Funds lent in using Kiva
  • 78.7
    Pakistan Rupees (PKR) = $1 USD

Success!! The loan was 100% repaid

A portion of Bashiran Majeed Masih Group's $1,225 loan helped a member to buy animal food to sell.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Feb 11, 2009
Listed
Jan 31, 2009
Currency Exchange Loss:
Covered
Ended:
Apr 24, 2010