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Zikran's Group
In this Group: Zikran, Rashidan, Farhat, Manzooran, Latifan
Zikran baji is the wife of N. M. and lives in a small city named Arifwala, Pakistan. She has been living in this city for the last 40 years. She is the mother of eight children: four sons and four daughters. Her elder son is a washer man. The next eldest son runs a grocery shop. Her elder daughter sews clothes. The others are enrolled in a local school in her neighborhood. Her husband is a wholesaler.

Zikran baji is a housewife and prefers to do household work. She successfully completed her two loans from Asasah (a microfinance institute of Pakistan). Now she is applying for a loan to buy groceries for her son's grocery shop.

She is joined in her loan group by a few more members. Rashidan baji wants a loan to buy mason tools. Farhat baji wants a loan to buy materials (iron rods) for her welding business. Manzooran baji wants a loan to buy vegetables to resell. Latifan baji wants a loan to buy groceries for her grocery shop.

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
  • 345
    View loans »
    Pakistan Loans Fundraising
  • $16,486,475
    Funds lent in using Kiva
  • 76.0
    Pakistan Rupees (PKR) = $1 USD

Success!! The loan was 100% repaid

A portion of Zikran's Group's $1,225 loan helped a member to buy groceries for her grocery store.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Sep 16, 2008
Sep 1, 2008
Currency Exchange Loss:
Dec 2, 2009