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Nazia's Group
In this Group: Nazia, Haneefan, Bushra, Nazia, Azizaan
A group member Nazia tells her story that she has 2 daughters. eldest one is studying in 1st grade while her youngest daughter is not of school going age yet.
Her husband is a driver by profession and provide transport services. his income is not enough that's why Nazia started sewing few years ago. Her work quality has improved with the passage of time and now she receives regular orders every month.
She has applied for a loan from KIVA partner Asasah for purchasing clothes in bulk quantity. she will sew them and will sell on profits to her clients.

Additional Information

More information about this loan

Asasah offers products that are customized for its Muslim clients. This Murabaha loan is structured as an interest free loan. Asasah purchases goods for its borrower and charges them a markup or fee. For more information on Islamic microfinance, please click here.

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
  • 257
    View loans »
    Pakistan Loans Fundraising
  • $17,631,450
    Funds lent in using Kiva
  • 94.6
    Pakistan Rupees (PKR) = $1 USD

Success!! The loan was 100% repaid

A portion of Nazia's Group's $1,175 loan helped a member to buy cloth for a sewn clothes selling business.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Jul 2, 2012
Aug 10, 2012
Currency Exchange Loss:
Jun 17, 2013