A loan of $725 helped a member to buy used sweaters for her thread-making business.

Shareefan's Group's story

Shareefan, 54, supports her family with her thread-selling business. She gets thread from used sweaters and sells the thread to thread sellers. Her husband is also involved in the business and has a power loom machine, used to weave textiles, at home.

Shareefan lives in Kasur, a small city in Punjab, Pakistan famous for its leather industry, in a three-room brick house in the Chaki Piaray Lal area. She has four sons and two daughters. Her daughters are married and her sons are young and stay at home. Shareefan could not provide an education for her children due to financial constraints.

She has applied for a loan from Kiva partner Asasah for the betterment of her thread-selling business. With the loan, she will buy used sweaters to get a large quantity of thread. This will help her increase her sales and fulfill the orders of her clients. She has been operating this business for over ten years and is hopeful that a loan investment will bring further profit. She is a regular loan user of Asasah and this is her third loan application. In previous loan years, she has maintained good credit behavior by paying the loan installments on time.

In this group: Shareefan , Khadija , Surriya , Shahnaz
*not pictured

Loan details

Lenders and lending teams

Loan details