Sumera M. Ashraf Group
Status: Paying Back - Delinquent
| $975.00 | Loan Amount |
|---|
About the Group
| Group Name: | Sumera M. Ashraf Group |
|---|---|
| Group Members: |
Sumera M. Ashraf Parvaiz Shoqat ali Lubna Sajid ali Abida M.Afzal Farzana Azad ahmad |
| Location: | Kasur, Pakistan |
| Activity: | Clothing Sales |
About the Loan
| Loan Amount: | $975.00 |
|---|---|
| Loan Use: | To buy clothes to sell |
| Repayment Term: | 13 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | Covered  |
| Date Listed: | May 21, 2009 |
| Date Disbursed: | May 18, 2009 |
| Date Funded: | May 24, 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: | 80.6350 PKR = 1 USD |
She is the group leader of four other women from her locality. Parvaiz baji, Lubna baji, Abida baji and Farzana baji each want a loan to buy clothes for their clothes-selling businesses.
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 Sumera M. Ashraf Group
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Loan has been disbursed
Location: Kasur, Pakistan
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Posted by
from Kasur, Pakistan
May 25, 2009 |
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Comment on this entry
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Repayment Schedule for Sumera M. Ashraf Group
Repayment Schedule for Sumera M. Ashraf Group
| Expected Repayments | Actual Repayments | Comments | |||
|---|---|---|---|---|---|
| August 2009 | $84.78 | $88.96 |  Repayment Received
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| September 2009 | $84.78 | $0.00 |  Delinquent
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| October 2009 | $84.78 | $0.00 | Delinquent
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| November 2009 | $84.78 | $0.00 | Delinquent
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| December 2009 | $84.78 | Available Dec 1 | |||
| January 2010 | $127.17 | Available Jan 1 | |||
| February 2010 | $84.78 | Available Feb 1 | |||
| March 2010 | $84.78 | Available Mar 1 | |||
| April 2010 | $84.78 | Available Apr 1 | |||
| May 2010 | $84.78 | Available May 1 | |||
| June 2010 | $84.81 | Available Jun 1 | |||
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