Bashiran Sadiq Masih Group


Status: Paying Back - Delinquent

$1,725.00   Loan Amount
9% repaid

About the Group

Group Name: Bashiran Sadiq Masih Group
Group Members: Bashiran Sadiq masih
Rukhsana M.Afzal
Razia Fazal pervaiz
Shazia bano Saleem masih
Noreen Javed
Nasreen Yousaf masih
Razia Akram Masih
Nasreen Arshad masih
Location: Kasur, Pakistan
Activity: Retail

About the Loan

Loan Amount: $1,725.00
Loan Use: To buy leather for her husband's business
Repayment Term: 13 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: May 21, 2009
Date Disbursed: May 18, 2009
Date Funded:May 23, 2009

About the Country

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



Bashiran baji is the wife of Sadiq masih who has resided in a city named Kasur, Pakistan for the past eleven years. Kasur city is famous for its sweetmeats and for its shrines.

Bashiran baji couldn’t get an education because of her parents’ small financial resources, but she decided to give her children (two sons and one daughter) a good education. Currently they are all in school and getting an education. Her husband runs a leather-selling business. He sells leather to the factories. He has been in this business for the past five years.

Bashiran baji operates a business sewing clothes and, from the income, she pays off the school fees of her children. She is applying for a loan to buy leather so that her husband is able to complete the orders of his customers.

She is the group leader of seven other women from her locality:

Rukhsana baji, Razia baji, Shazia bano baji, Noreen javed baji, Razia baji and Nasreen baji each want a loan to buy leather to sell. Nasreen baji wants a loan to buy a donkey cart for loading.




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 Bashiran Sadiq Masih Group


Loan has been disbursed
 
Entrepreneur: Bashiran Sadiq Masih Group
Location: Kasur, Pakistan

Thank you for your loan. It has been disbursed to Bashiran Sadiq masih Group, consisting of Bashiran Sadiq masih, Rukhsana M.Afzal, Razia Fazal pervaiz, Shazia bano Saleem masih, Noreen Javed, Nasreen Yousaf masih, Razia Akram Masih, Nasreen Arshad masih 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 Kasur, Pakistan
May 24, 2009
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Kiva Help Repayment Schedule for Bashiran Sadiq Masih Group

  Expected Repayments Actual Repayments Comments
August 2009 $150.00 $158.23 Repayment Received
September 2009 $150.00 $0.00 Delinquent
October 2009 $150.00 $0.00 Delinquent
November 2009 $150.00 $0.00 Delinquent
December 2009 $150.00 Available Dec 1  
January 2010 $225.00 Available Jan 1  
February 2010 $150.00 Available Feb 1  
March 2010 $150.00 Available Mar 1  
April 2010 $150.00 Available Apr 1  
May 2010 $150.00 Available May 1  
June 2010 $150.00 Available Jun 1