Check out some available loans that are similar to this one!
Nasreen Kanwal Akhtar Abbas Group
In this Group: Nasreen Kanwal , Zeenat Begum, Naseem , Tanveer Akhtar , Shahnaz
Nasreen kanwal baji has been a citizen of Vehari, Pakistan for the last seven years. Her husband's name is A. A. and he has had a business selling garments for the past five years. He runs a shop in the cloth market and earns a good income. Nasreen baji helps him by selling his collection of garments in the community. She is applying for a loan to expand his garment-selling business.

She is the group leader for some more women in her locality. Zeenat begum baji wants a loan to repair her vehicle named “Shahzore” which she uses for loading. Naseem baji wants a loan to buy paints to sell. Tanveer A. baji wants a loan to buy wood for her furniture-making business. Shahnaz baji wants a loan to buy materials (beads, clothes and colored thread) for her decorative embroidery business.

This is a group loan. The loan funds will be distributed among the group members. Each member 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
  • 205
    View loans »
    Pakistan Loans Fundraising
  • $14,033,300
    Funds lent in using Kiva
  • 79.7
    Pakistan Rupees (PKR) = $1 USD

Success!! The loan was 100% repaid

A portion of Nasreen Kanwal Akhtar Abbas Group's $1,050 loan helped a member to buy garments to sell.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Mar 10, 2009
Listed
Mar 6, 2009
Currency Exchange Loss:
Covered
Ended:
May 22, 2010