Jamila Begum John Masih Group


Status: Paying Back - Delinquent

$825.00   Loan Amount
13% repaid

About the Group

Group Name: Jamila Begum John Masih Group
Group Members: Jamila begum John Masih
Sheena mahak Sarfraz loqas
Kishwar Pervaiz masih
Shamim akhtar Hafiz abdul aziz
Salma Sarfraz anjum
Location: Vehari, Pakistan
Activity: Goods Distribution

About the Loan

Loan Amount: $825.00
Loan Use: buying candies wholesale to sell to shops
Repayment Term: 13 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: May 21, 2009
Date Disbursed: Apr 29, 2009
Date Funded:May 22, 2009

About the Country

Country:Pakistan
Avg Annual Income:$3,004.00
Currency:Pakistan Rupees (PKR)
Exchange Rate:80.6350 PKR = 1 USD



Jamila begum baji has been a citizen of a mid-size city named Vehari, Pakistan for the past 10 years. She is an uneducated lady; she wanted to study but her father couldn’t pay for her education expenses because he had few financial resources. Her husband is a salesman and sells candies to shops. He has 2 years of experience in this business. She is applying for a loan to buy candies wholesale so that he will be able to sell them to the shopkeepers and earn more income.



She is the group leader for four other women from her locality. Sheena Mahak baji wants a loan to buy medicines to resell. Kishwar baji wants a loan to buy computer spare parts to sell. Shamim Akhtar baji wants a loan to buy clothes to sell. Salma baji wants a loan to buy materials (beads, colored thread) for her decorative embroidery 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 Jamila Begum John Masih Group


Loan has been disbursed
 
Entrepreneur: Jamila Begum John Masih Group
Location: Vehari, Pakistan

Thank you for your loan. It has been disbursed to Jamila begum John Masih Group, consisting of Jamila begum John Masih, Sheena mahak Sarfraz loqas, Kishwar Pervaiz masih, Shamim akhtar Hafiz abdul aziz, Salma Sarfraz anjum 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 Vehari, Pakistan
May 23, 2009
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Kiva Help Repayment Schedule for Jamila Begum John Masih Group

  Expected Repayments Actual Repayments Comments
July 2009 $35.87 $37.55 Repayment Received
August 2009 $71.74 $75.10 Repayment Received
September 2009 $71.74 $0.00 Delinquent
October 2009 $71.74 $0.00 Delinquent
November 2009 $107.61 $0.00 Delinquent
December 2009 $71.74 Available Dec 1  
January 2010 $71.74 Available Jan 1  
February 2010 $71.74 Available Feb 1  
March 2010 $71.74 Available Mar 1  
April 2010 $71.74 Available Apr 1  
May 2010 $107.60 Available May 1