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Sumera M. Ashraf Group
In this Group: Sumera , Parvaiz , Lubna , Abida , Farzana
Sumera baji is the wife of M. A.. They have lived in a city named Kasur in Pakistan for the past 15 years. Kasur city is famous for its sweetmeat. Her husband has a clothes-selling business. He buys clothes from cities (Multan and Lahore) and sells them in Kasur to earn income. Sumera baji is a very supportive lady. She sews clothes to share the financial burden with him. She is applying for a loan to buy clothes to expand her husband’s clothes-selling business.

She is the group leader of four other women from her locality. Parvaiz baji, Lubna baji, Abida baji and Farzana baji each want a loan to buy clothes for their clothes-selling businesses.

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
  • 219
    View loans »
    Pakistan Loans Fundraising
  • $17,693,750
    Funds lent in using Kiva
  • 80.6
    Pakistan Rupees (PKR) = $1 USD

Success!! The loan was 100% repaid

A portion of Sumera M. Ashraf Group's $975 loan helped a member to buy clothes to sell.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
May 18, 2009
May 21, 2009
Currency Exchange Loss:
May 30, 2010