Bushra Asif Group
Status: Paying Back - Delinquent
| $850.00 | Loan Amount |
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13% repaid
About the Group
| Group Name: | Bushra Asif Group |
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| Group Members: |
Bushra Asif Rahmat Sharif masih Shahnaz M.Munir Sugran Shoqat ali Naziran M.Hussain |
| Location: | Yadgar, Pakistan |
| Activity: | Animal Sales |
About the Loan
| Loan Amount: | $850.00 |
|---|---|
| Loan Use: | To buy goats to sell |
| Repayment Term: | 13 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | Covered  |
| Date Listed: | May 11, 2009 |
| Date Disbursed: | Apr 29, 2009 |
| Date Funded: | May 14, 2009 |
About the Field Partner
About the Field Partner
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| Field Partner: | Asasah, a partner of Save the Children |
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| Field Partner Risk Rating: | |
| Fundraising Status: | Active |
| Time On Kiva: | 27 months |
| Kiva Entrepreneurs: | 9322 |
| Total Loans: | $2,113,125 |
| Delinquency Rate: | 57.47% |
| Default Rate: | 0.00% |
| Currency Exchange Loss Rate: | 0.00% |
| More on this field partner >> | |
About the Country
| Country: | Pakistan |
|---|---|
| Avg Annual Income: | $3,004.00 |
| Currency: | Pakistan Rupees (PKR) |
| Exchange Rate: | 80.4247 PKR = 1 USD |
Bushra baji is the mother of two children: one son and one daughter. Both of her children are getting an education from a school located near to the house. Bushra baji is a very hardworking lady. She sews clothes to pay the school fees of her children.
Her husband’s name is Asif and he sells goats which he buys from the animal market. His customers belong to the butcher profession and they buy his goats to increase the profit of their meat businesses. Bushra baji is applying for a loan to buy goats to expand her husband’s goat-selling business.
Bushra baji is the group leader of four other women from her locality: Rahmat baji wants a loan to buy a buffalo for her milk-selling business; Shahnaz baji wants a loan to buy materials (lentils, cooking oil and spices) for her food-selling business; Sugran baji wants a loan to buy clothes for her clothes-selling business; Naziran baji wants a loan to buy seasonal fruits for her fruit-selling business.
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.
About Group Loans
In a group loan, each member of the group receives an individual loan but is part of a group of individuals bound by a group guarantee. Under this arrangement, each member of the group supports one another and is responsible for paying back the loans of their fellow group members if someone is delinquent or defaults. Learn more
Her husband’s name is Asif and he sells goats which he buys from the animal market. His customers belong to the butcher profession and they buy his goats to increase the profit of their meat businesses. Bushra baji is applying for a loan to buy goats to expand her husband’s goat-selling business.
Bushra baji is the group leader of four other women from her locality: Rahmat baji wants a loan to buy a buffalo for her milk-selling business; Shahnaz baji wants a loan to buy materials (lentils, cooking oil and spices) for her food-selling business; Sugran baji wants a loan to buy clothes for her clothes-selling business; Naziran baji wants a loan to buy seasonal fruits for her fruit-selling business.
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.
About Group Loans
In a group loan, each member of the group receives an individual loan but is part of a group of individuals bound by a group guarantee. Under this arrangement, each member of the group supports one another and is responsible for paying back the loans of their fellow group members if someone is delinquent or defaults. Learn more
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Journal entries for Bushra Asif Group
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Loan has been disbursed
Location: Yadgar, Pakistan
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Posted by
from Yadgar, Pakistan
May 15, 2009 |
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Comment on this entry
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Repayment Schedule for Bushra Asif Group
Repayment Schedule for Bushra Asif Group
| Expected Repayments | Actual Repayments | Comments | |||
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| July 2009 | $36.96 | $38.59 |  Repayment Received
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| August 2009 | $73.92 | $77.18 | Repayment Received
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| September 2009 | $73.92 | $0.00 |  Delinquent
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| October 2009 | $73.92 | $0.00 | Delinquent
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| November 2009 | $110.88 | $0.00 | Delinquent
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| December 2009 | $73.92 | Available Dec 1 | |||
| January 2010 | $73.92 | Available Jan 1 | |||
| February 2010 | $73.92 | Available Feb 1 | |||
| March 2010 | $73.92 | Available Mar 1 | |||
| April 2010 | $73.92 | Available Apr 1 | |||
| May 2010 | $110.80 | Available May 1 | |||
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