Rehana Ashraf Masih Group


Status: Paying Back - Delinquent

$950.00   Loan Amount
13% repaid

About the Group

Group Name: Rehana Ashraf Masih Group
Group Members: Rehana Ashraf masih
Allah rakhi Anayat ali
Naziran Salamat masih
Rukhsana Asghar ali
Tahira Ashra masih
Location: Kot Radha Kishan, Pakistan
Activity: Food Production/Sales

About the Loan

Loan Amount: $950.00
Loan Use: To buy wheat and rice at wholesale prices.
Repayment Term: 13 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: May 21, 2009
Date Disbursed: Apr 28, 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



Rehana baji is the wife of Ashraf masih and the leader of this loan group which has four other female members. All of the women live in the city of Kot Radha Kishan in Pakistan. They are all very hardworking and determined ladies who run their own businesses. They use the income to pay the utility bills for their families. Rehana baji will use her part of the loan to buy wheat and rice at wholesale prices. Allah rakhi baji will buy clothes to resell and Naziran baji plans to buy a buffalo for her milk selling business. Rukhsana baji wants a loan to buy a donkey cart and Tahira baji will buy goats for her animal selling business.

As a group loan, the funds will be distributed among the group members, each of whom will invest in her own business, but they all mutually guarantee the entire loan. That is, 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 Rehana Ashraf Masih Group


Loan has been disbursed
 
Entrepreneur: Rehana Ashraf Masih Group
Location: Kot Radha Kishan, Pakistan

Thank you for your loan. It has been disbursed to Rehana Ashraf masih Group, consisting of Rehana Ashraf masih , Allah rakhi Anayat ali, Naziran Salamat masih, Rukhsana Asghar ali, Tahira Ashra 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 Kot Radha Kishan, Pakistan
May 23, 2009
Comments (1)

Kiva Help Repayment Schedule for Rehana Ashraf Masih Group

  Expected Repayments Actual Repayments Comments
July 2009 $41.30 $43.28 Repayment Received
August 2009 $82.60 $86.56 Repayment Received
September 2009 $82.60 $0.00 Delinquent
October 2009 $82.60 $0.00 Delinquent
November 2009 $123.90 $0.00 Delinquent
December 2009 $82.60 Available Dec 1  
January 2010 $82.60 Available Jan 1  
February 2010 $82.60 Available Feb 1  
March 2010 $82.60 Available Mar 1  
April 2010 $82.60 Available Apr 1  
May 2010 $124.00 Available May 1