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Naseem Jahangir Ahmad Group
In this Group: Naseem , Nasreen , Haleema Begum , Sajida , Mussarat
Naseem baji is a 29-year-old married lady and a citizen of a city called Borewala, Pakistan for the past 20 years. Her husband's name is J. A. and he is a wood seller by profession. He has been selling wood for the past 8 years. Her husband chose this business because there’s no gas in the area. Naseem baji is applying for a loan to buy more wood to expand her husband’s wood-selling business.



She is the group leader for some more women from her locality. Nasreen baji wants a loan to buy mason's tools. Haleema begum baji and Sajida baji each want a loan to buy an auto-rickshaw (a local three-wheeled motor vehicle). Mussarat baji wants a loan to buy a motorbike to rent out.


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
  • 140
    View loans »
    Pakistan Loans Fundraising
  • $13,320,225
    Funds lent in using Kiva
  • 79.8
    Pakistan Rupees (PKR) = $1 USD

Success!! The loan was 100% repaid

A portion of Naseem Jahangir Ahmad Group's $775 loan helped a member to buy wood to sell.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Mar 11, 2009
Listed
Feb 27, 2009
Currency Exchange Loss:
Covered
Ended:
May 24, 2010