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Shamim Akhtar's Group
In this Group: Shamim Akhtar , Abida, Allah Rakhi, Shahnaz Ahmad, Sheema, Shahnaz
Shamim akhtar is a widow who lost her husband as a result of sudden death. Her husband’s death was a great loss in her life. She became totally shattered, but she recovered herself for her kids. She is a mother of two kids. Her elder son is involved in a computer repairing and computer parts sales business. He is very talented in his work. His efficient work in repairing and his good customer dealings earn him better profits which he uses to manage the financial needs of the family.

Shamim herself does decorative embroidery work. Her work is home based. She does work for her neighboring areas and earns money after completing the orders. She has requested a loan from Kiva partner Asasah for her son’s business. He will invest the loan in the buying of computer spare parts and repairing tools to provide better services to his customers and thus increasing his income. She is hopeful the loan investment will upgrade her son's business and improve his financial position.

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
  • 363
    View loans »
    Pakistan Loans Fundraising
  • $16,478,925
    Funds lent in using Kiva
  • 90.8
    Pakistan Rupees (PKR) = $1 USD

Success!! The loan was 100% repaid

A portion of Shamim Akhtar's Group's $1,775 loan helped a member to buy computer spare parts and repairing tools.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Mar 26, 2012
Apr 7, 2012
Currency Exchange Loss:
Mar 15, 2013