Parveen Akhtar Allah Ditta Group
Status: Paying Back - Delinquent
| $1,125.00 | Loan Amount |
|---|
About the Group
| Group Name: | Parveen Akhtar Allah Ditta Group |
|---|---|
| Group Members: |
Parveen akhtar Allah ditta Sugran Ejaz ahmad Zarina Niamat ali Riffat parveen M.Ramzan Sugran Akram ali Razia begum M.Khalid |
| Location: | Kasur, Pakistan |
| Activity: | Clothing Sales |
About the Loan
| Loan Amount: | $1,125.00 |
|---|---|
| Loan Use: | To buy clothes to sell |
| Repayment Term: | 13 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | Covered  |
| Date Listed: | May 20, 2009 |
| Date Disbursed: | May 17, 2009 |
| Date Funded: | May 20, 2009 |
About the Field Partner
About the Field Partner
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| Field Partner: | Asasah, a partner of Save the Children |
|---|---|
| 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: | 80.9150 PKR = 1 USD |
She is applying for a loan to start a cloth-selling business because sewing clothes is very time-intensive work and requires lots of hard work.
She is the group leader of five other women from her locality:
- Sugran Baji wants a loan to buy clothes to sell.
- Zarina Baji wants a loan to buy shoes to sell.
- Riffat Parveen Baji wants a loan to buy chairs, a mirror, and scissors for her salon.
- Sugran Baji wants a loan to buy cosmetics to sell.
- Razia Begum Baji wants a loan to buy iron to sell.
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 Parveen Akhtar Allah Ditta Group
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Loan has been disbursed
Location: Kasur, Pakistan
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Posted by
from Kasur, Pakistan
May 21, 2009 |
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Comment on this entry
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Repayment Schedule for Parveen Akhtar Allah Ditta Group
Repayment Schedule for Parveen Akhtar Allah Ditta Group
| Expected Repayments | Actual Repayments | Comments | |||
|---|---|---|---|---|---|
| August 2009 | $97.82 | $102.50 |  Repayment Received
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| September 2009 | $97.82 | $0.00 |  Delinquent
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| October 2009 | $97.82 | $0.00 | Delinquent
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| November 2009 | $97.82 | $0.00 | Delinquent
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| December 2009 | $97.82 | Available Dec 1 | |||
| January 2010 | $146.73 | Available Jan 1 | |||
| February 2010 | $97.82 | Available Feb 1 | |||
| March 2010 | $97.82 | Available Mar 1 | |||
| April 2010 | $97.82 | Available Apr 1 | |||
| May 2010 | $97.82 | Available May 1 | |||
| June 2010 | $97.89 | Available Jun 1 | |||
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