Bilquis Begum M. Aslam Group


Status: Paying Back - Delinquent

$650.00   Loan Amount
13% repaid

About the Group

Group Name: Bilquis Begum M. Aslam Group
Group Members: Bilquis begum M. Aslam
Saleem Allah rakha
Kosar parveen M.Tufail
Location: Borewala, Pakistan
Activity: Tailoring

About the Loan

Loan Amount: $650.00
Loan Use: To buy groceries for grocery shop
Repayment Term: 14 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: May 15, 2009
Date Disbursed: Apr 30, 2009
Date Funded:May 18, 2009

About the Country

Country:Pakistan
Avg Annual Income:$3,004.00
Currency:Pakistan Rupees (PKR)
Exchange Rate:80.8350 PKR = 1 USD



Bilquis begum baji is married to M. Aslam, and they have been living together in Borewala, Pakistan since past 10 years. Her husband runs a grocery shop in the community. Bilquis baji runs a clothes sewing business and she takes orders from her neighbors and relatives. She does this work to share the financial burden of her husband. Bilquis baji is applying for a loan to buy groceries for her husband’s grocery shop.

She is the group leader of two other women from her locality. Saleem baji wants a loan to buy a donkey cart for loading. Kosar parveen baji wants a loan to buy paint to sell.

This is a group loan and 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 Bilquis Begum M. Aslam Group


Loan has been disbursed
 
Entrepreneur: Bilquis Begum M. Aslam Group
Location: Borewala, Pakistan

Thank you for your loan. It has been disbursed to Bilquis begum M. Aslam Group, consisting of Bilquis begum M. Aslam , Saleem Allah rakha, Kosar parveen M.Tufail by Asasah, a partner of Save the Children in Pakistan. We are excited to watch this business grow. Over the 11 months of this loan, Asasah, a partner of Save the Children will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Borewala, Pakistan
May 19, 2009
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Kiva Help Repayment Schedule for Bilquis Begum M. Aslam Group

  Expected Repayments Actual Repayments Comments
July 2009 $28.26 $29.69 Repayment Received
August 2009 $56.52 $59.38 Repayment Received
September 2009 $56.52 $0.00 Delinquent
October 2009 $56.52 $0.00 Delinquent
November 2009 $56.52 $0.00 Delinquent
December 2009 $84.78 Available Dec 1  
January 2010 $56.52 Available Jan 1  
February 2010 $56.52 Available Feb 1  
March 2010 $56.52 Available Mar 1  
April 2010 $56.52 Available Apr 1  
May 2010 $56.52 Available May 1  
June 2010 $28.28 Available Jun 1