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Margarette Younas Masih Group
In this Group: Margarette , Nargis , Shazia , Shahnaz
My name is Margarette and I've been a citizen of Lahore, Pakistan for the past 15 years. Lahore is famous for its Punjabi foods and for its historical places. My husband's name is Y. M.. He works in a factory on a monthly wage. My husband’s income is insufficient to meet our expenses which allows me to operate my beauty salon. I have been running my salon for the past three years. I have a good number of customers. I am applying for a loan to buy supplies, such as cosmetics and a dryer machine, for my beauty salon.

I am the leader of a group of three other women from my locality. Nargis baji wants a loan to buy cosmetics to sell. Shazia baji wants a loan to buy clothes for her clothes-selling business. Shahnaz baji wants a loan to buy a buffalo for her milk-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

  • $4,700
    Average annual income
  • 368
    View loans »
    Pakistan Loans Fundraising
  • $16,478,525
    Funds lent in using Kiva
  • 80.4
    Pakistan Rupees (PKR) = $1 USD

Success!! The loan was 100% repaid

A portion of Margarette Younas Masih Group's $875 loan helped a member to buy supplies for a beauty salon.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Apr 29, 2009
May 10, 2009
Currency Exchange Loss:
Jun 6, 2010