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Rashida's Group
In this Group: Rashida*, Yasmeen, Farzana, Zahida, Shabana, Shahzadi, Suriya, Nasreen, Perveen
* not pictured
Rashida, the mother of a 13-year-old son who is studying in class 6, has been selling clothes to her community clients for many years. She is knowledgeable about the latest fashion trends, and her clients appreciate the variety of clothes that she sells. Her husband operates a scrap-selling business.

Rashida is now requesting a loan from KIVA partner Asasah to further improve her business. She will buy a larger variety of clothes to sell and is confident the purchase will yield positive results.

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
  • 247
    View loans »
    Pakistan Loans Fundraising
  • $17,360,725
    Funds lent in using Kiva
  • 94.4
    Pakistan Rupees (PKR) = $1 USD

Success!! The loan was 100% repaid

A portion of Rashida's Group's $1,825 loan helped a member to buy clothing for her business.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Jul 13, 2012
Jul 17, 2012
Currency Exchange Loss:
Aug 8, 2013