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Akhtari Akbar Ali Group
In this Group: Akhtari , Nasreen , Shakeela Kosar
Akhtari baji is 51 years old and married. She has been a citizen of the city of Arifwala, Paksitan for the past 20 years. Her husband, A. A., is a fruit seller who has 10 years of experience in his profession. Akhtari baji is the mother of three sons. Her eldest son has a flower selling business. Her middle son is a carpenter. Her youngest son reads in 12th standard and wants to be a doctor in future.


Akhtari baji is a very supportive lady. She helps her husband pack the fruits in cartons so that he is able to work more efficiently and deliver the fruits to the shop keepers. She is applying for a loan to expand her husband’s fruit selling business.


Akhtari baji is the group leader of some more women of her locality. Nasreen baji wants a loan to pay the remaining installments for her auto-rickshaw (a local three-wheeled motor vehicle). Shakeela kosar baji wants a loan to buy fishes for her fish and meat 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
  • 130
    View loans »
    Pakistan Loans Fundraising
  • $13,074,775
    Funds lent in using Kiva
  • 79.7
    Pakistan Rupees (PKR) = $1 USD

Success!! The loan was 100% repaid

A portion of Akhtari Akbar Ali Group's $525 loan helped a member to buy seasonal fruits to sell.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 17, 2009
Listed
Feb 17, 2009
Currency Exchange Loss:
Covered
Ended:
Apr 21, 2010