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Fatima Akhtar Hussain Group
In this Group: Fatima , Khursheeda , Nasira , Nusrat
Fatima baji, the wife of A. H., has lived in Riwind, Pakistan for the past 12 years. She is the mother of two sons who are in kindergarten. Faima baji’s husband runs a barber shop where he cuts hair and shaves. Fatima baji is applying for a loan to buy razors and scissors for her husband’s barber shop.

She is a the leader of a group of women in her locality. Khursheeda baji and Nasira baji each want a loan to buy a buffalo for their milk-selling businesses. Nusrat baji wants a loan to buy a sewing machine to sew clothes.

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.

Note: "Baji," which means "older sister," is a term of respect for women in Pakistan.

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

  • $4,700
    Average annual income
  • 274
    View loans »
    Pakistan Loans Fundraising
  • $14,708,500
    Funds lent in using Kiva
  • 79.8
    Pakistan Rupees (PKR) = $1 USD

Success!! The loan was 100% repaid

A portion of Fatima Akhtar Hussain Group's $825 loan helped a member to buy supplies for a barber shop.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Mar 11, 2009
Listed
Feb 28, 2009
Currency Exchange Loss:
Covered
Ended:
May 25, 2010