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Kosar Irshad Masih's Group
In this Group: Kosar, Shaheen, Shaila, Sofia, Mafia
Kosar baji is the wife of I. M. and lives in a small area named Bund Road in the city of Lahore, Pakistan. She owns a two-room brick house and has been living in it for the last 25 years. She is the mother of three sons. None of her sons got an education. They all are working in a factory. Kosar baji's husband is a blacksmith and makes different things, such as iron boxes and door locks. He has been in this profession for the last 25 years. Kosar baji is a sweeper in a local school in her community. She has been working in this school for the last two years. She successfully repaid her previous two loans from Asasah (a microfinance institute of Pakistan and a Kiva Field Partner). Now she is applying for a loan to buy iron to expand her husband's business.

Kosar baji is joined in her loan group by a few more members. Shaheen baji wants a loan to buy a buffalo for her milk business. Shaila baji wants a loan to buy more clothes to resell. Sofia baji wants a loan to repair an auto-rickshaw (a local three-wheeled motor vehicle). Mafia baji wants a loan to buy more seasonal fruits 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
  • 297
    View loans »
    Pakistan Loans Fundraising
  • $17,714,550
    Funds lent in using Kiva
  • 79.6
    Pakistan Rupees (PKR) = $1 USD

Success!! The loan was 100% repaid

A portion of Kosar Irshad Masih's Group's $1,050 loan helped a member to buy iron to expand her husband's blacksmith business.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Nov 5, 2008
Oct 22, 2008
Currency Exchange Loss:
Mar 11, 2010