Zainab Abdul Shakoor Group


Status: Paying Back - Delinquent

$650.00   Loan Amount
13% repaid

About the Group

Group Name: Zainab Abdul Shakoor Group
Group Members: Zainab Abdul shakoor
Zareena Faqir Muhammad
Naziran Muhammad Yousaf
Hanifan Siraj Din
Location: Borewala, Pakistan
Activity: Fruits & Vegetables

About the Loan

Loan Amount: $650.00
Loan Use: To buy seasonal vegetables to sell
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



Zainab baji is the group leader of this group of four ladies. They are all very hardworking ladies. They handle their own businesses and help their husbands in their employment as well. Zainab baji is applying for a loan to buy seasonal vegetables for her husband’s vegetable selling business.

Of the other ladies, Zareena baji wants a loan to buy fruits to sell, Naziran baji wants a loan to buy a sewing machine to sew clothes, and Hanifan baji wants a loan to buy groceries for her grocery shop.

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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Lenders to this group

Camille
Hyde Park, MA
United States

Anonymous
chicago, IL
United States

Jayanth
Singapore, Singapore
Singapore

Anonymous
london, London
United Kingdom

Parent Advocates
Liverpool, Merseyside
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Fauzia
Plantation, FL
United States

Kelsey
Bellingham, WA
United States

Laerke
Swindon, Wiltshire
United Kingdom

Julie
Jersey City, NJ
United States

Anonymous
Milwaukee, WI
United States

Eric
Lynnwood, WA
United States

Jen
Vancouver, British Columbia
Canada

Bennett
Westwood, MA
United States

Dave And Susan
Cincinnati, OH
United States

Stuart
Lethbridge, Alberta
Canada

Julie
Ryde, IOW
United Kingdom

Anonymous
Austin, TX
United States

Susan
Columbus, OH
United States

Pamela
Nottingham, Nottinghamshire
United Kingdom

Anonymous
Jakarta, Java
Indonesia

Pat
East Butler, PA
United States

Nancy
Laramie, WY
United States

John & Elaine
Estancia, NM
United States

Jun

Karin
Lund, Sweden
Sweden



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Journal entries for Zainab Abdul Shakoor Group


Loan has been disbursed
 
Entrepreneur: Zainab Abdul Shakoor Group
Location: Borewala, Pakistan

Thank you for your loan. It has been disbursed to Zainab Abdul shakoor Group, consisting of Zainab Abdul shakoor, Zareena Faqir Muhammad, Naziran Muhammad Yousaf, Hanifan Siraj Din 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 Borewala, Pakistan
May 23, 2009
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Kiva Help Repayment Schedule for Zainab Abdul Shakoor Group

  Expected Repayments Actual Repayments Comments
July 2009 $28.26 $29.69 Repayment Received
August 2009 $56.52 $59.38 Repayment Received
September 2009 $56.52 $0.00 Delinquent
October 2009 $56.52 $0.00 Delinquent
November 2009 $84.78 $0.00 Delinquent
December 2009 $56.52 Available Dec 1  
January 2010 $56.52 Available Jan 1  
February 2010 $56.52 Available Feb 1  
March 2010 $56.52 Available Mar 1  
April 2010 $56.52 Available Apr 1  
May 2010 $84.80 Available May 1