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Kosar Muhammd Saleem Group
In this Group: Kosar, Akhtar, Shamim, Kanwal
Kosar Parveen is the wife of M. S.. She lives in Multan, Pakistan. Kosar baji owns a two room brick house. She is the mother of four children, two sons and two daughters.

Kosar baji has a business making and selling decorative embroidered scarves. Her daughters help her in this business. Kosar baji's husband sells vegetables. He has been in this profession for the last 5 years. Kosar baji has successfully completed two loans from Asasah (a microfinance institute of Pakistan). With the profit from these two loans, she renovated the house and improved the family's financial condition. Now she is applying for a loan to expand her scarf-making business. She will use the loan to buy materials like cloth and colored thread.

She is joined in her loan group by a few more members. Akhtar baji wants a loan to buy a welding machine for her iron business. Shamim baji wants a loan to buy more material (rice, cooking oil, and lentils) for her grocery shop. Kanwal baji wants a loan to buy more spices to resell.

This is a group loan. The loan funds will be distributed among the group members, each of whom will invest in her own business. The members mutually guarantee one another's loans. If one member does not repay, the other members are responsible.

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
  • 275
    View loans »
    Pakistan Loans Fundraising
  • $17,407,625
    Funds lent in using Kiva
  • 73.4
    Pakistan Rupees (PKR) = $1 USD

Success!! The loan was 100% repaid

A portion of Kosar Muhammd Saleem Group's $725 loan helped a member to expand their businesses.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Sep 12, 2008
Aug 29, 2008
Currency Exchange Loss:
Dec 2, 2009