Bushran M. Nazir Group


Status: Paying Back - Delinquent

$700.00   Loan Amount
13% repaid

About the Group

Group Name: Bushran M. Nazir Group
Group Members: Bushran M. Nazir
Sugran M.Ibrahim
Shamim akhtar M.Irshad
Location: Borewala, Pakistan
Activity: Soft Drinks

About the Loan

Loan Amount: $700.00
Loan Use: To buy sugarcane for her husband to sell its juice
Repayment Term: 13 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: May 15, 2009
Date Disbursed: Apr 29, 2009
Date Funded:May 20, 2009

About the Country

Country:Pakistan
Avg Annual Income:$3,004.00
Currency:Pakistan Rupees (PKR)
Exchange Rate:79.7500 PKR = 1 USD



Bushran baji is the wife of M. Nazir who has lived in the city of Borewala, Pakistan for the past twelve years. Her husband buys sugarcane from the fruit market and sells its juice in the community. He charges them ten Pak rupees for each glass.

Bushra baji helps her husband by cleaning the sugarcane with the duster and she also embroiders dresses on order to earn income. She is applying for a loan to buy more sugarcane for her husband so that he is able to earn more profit.

Bushra baji is the group leader of two other women from her locality:

Sugran baji wants a loan to buy cloth to sell.

Shamim akhtar baji wants a loan to buy cooking oil to sell.



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 Bushran M. Nazir Group


Loan has been disbursed
 
Entrepreneur: Bushran M. Nazir Group
Location: Borewala, Pakistan

Thank you for your loan. It has been disbursed to Bushran M. Nazir Group, consisting of Bushran M. Nazir, Sugran M.Ibrahim, Shamim akhtar M.Irshad by Asasah, a partner of Save the Children in Pakistan. We are excited to watch this business grow. Over the 10 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 21, 2009
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Kiva Help Repayment Schedule for Bushran M. Nazir Group

  Expected Repayments Actual Repayments Comments
July 2009 $31.82 $31.82 Repayment Received
August 2009 $63.64 $63.64 Repayment Received
September 2009 $63.64 $0.00 Delinquent
October 2009 $63.64 $0.00 Delinquent
November 2009 $63.64 $0.00 Delinquent
December 2009 $95.46 Available Dec 1  
January 2010 $63.64 Available Jan 1  
February 2010 $63.64 Available Feb 1  
March 2010 $63.64 Available Mar 1  
April 2010 $63.64 Available Apr 1  
May 2010 $63.60 Available May 1