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Musarat's Group
In this Group: Musarat, Ghulam Fatima, Bashiran, Zubaida, Sajida, Mumtaz
Musarat baji is the wife of M. and the mother of four children: two sons and two daughters. She owns a two-room brick house and has been living in it for the last 40 years. She lives in a small city named Chichawatni, Pakistan. Her elder son has a grocery shop and the young one makes embroidered dresses. Her elder daughter is in 8th standard and the younger is in 5th standard. Her husband runs a grocery shop. Musarat baji successfully completed repaying two loans from Asasah (a microfinance institute in Pakistan). Now she is applying for a loan to buy groceries for her husband and her son's grocery stores.

She is joined in her loan group by several more members. Ghulam Fatima baji wants a loan to buy crockery to re-sell. Bashiran baji wants a loan to repair her family's auto-rickshaw (a local three-wheeled vehicle). Zubaida baji wants a loan to buy wooden baskets to re-sell. Sajida baji wants a loan to buy shoes for her shoe selling business. Mumtaz baji wants a loan to buy a lathe machine.

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
  • 214
    View loans »
    Pakistan Loans Fundraising
  • $17,686,425
    Funds lent in using Kiva
  • 75.9
    Pakistan Rupees (PKR) = $1 USD

Success!! The loan was 100% repaid

A portion of Musarat's Group's $1,450 loan helped a member to buy groceries for grocery shops.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Sep 16, 2008
Sep 1, 2008
Currency Exchange Loss:
Dec 2, 2009