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Fouzia's Group
In this Group: Fouzia, Shameem, Farzana, Sonia, Rani
Fouzia appears in this photo raising her hand. She is requesting a loan from the Kiva partner Asasah for her husband’s dairy and livestock business. With the loan investment, Fouzia’s husband will buy a young buffalo to rear and sell. He will also sell its milk to earn extra income. Fouzia’s husband is very hardworking and efficient in his work. His clients are very happy with his professionalism, milk quality, and rates. Fouzia provides full support to her husband in his business and she takes care of the cattle very well. She is hopeful that this loan will be productive for her husband and will improve his earnings.

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
  • 307
    View loans »
    Pakistan Loans Fundraising
  • $17,714,550
    Funds lent in using Kiva
  • 94.5
    Pakistan Rupees (PKR) = $1 USD

Success!! The loan was 100% repaid

A portion of Fouzia's Group's $850 loan helped a member to buy and rear a young buffalo for milk and profit.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Jul 4, 2012
Jul 9, 2012
Currency Exchange Loss:
Jun 17, 2013