Shafique Rafiq Group
Status: Paying Back - Delinquent
| $1,000.00 | Loan Amount |
|---|
About the Group
| Group Name: | Shafique Rafiq Group |
|---|---|
| Group Members: |
Shafique Rafiq Nazia Nazeer Munir Banyameen Jamila Daniel Nasreen Muhammad Aslam |
| Location: | Kot Radha Kishan, Pakistan |
| Activity: | Dairy |
About the Loan
| Loan Amount: | $1,000.00 |
|---|---|
| Loan Use: | Buy a buffalo for dairy business. |
| Repayment Term: | 13 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | Covered  |
| Date Listed: | May 22, 2009 |
| Date Disbursed: | May 16, 2009 |
| Date Funded: | May 22, 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 |
Shafique is the group leader. Her husband, Rafiq runs a dairy business. Presently, they have one buffalo but now she is applying for a loan to buy another buffalo to increase the profit of her dairy business. They are citizens of Kot Radha Kishan, Pakistan.
This is a group loan. Loan funds will be distributed among the group members, each of whom will invest in her own business. The members mutually guarantee the entire loan. If one member does not repay, 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 Shafique Rafiq Group
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Loan has been disbursed
Location: Kot Radha Kishan, Pakistan
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Posted by
from Kot Radha Kishan, Pakistan
May 23, 2009 |
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Comment on this entry
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Repayment Schedule for Shafique Rafiq Group
Repayment Schedule for Shafique Rafiq Group
| Expected Repayments | Actual Repayments | Comments | |||
|---|---|---|---|---|---|
| August 2009 | $86.96 | $92.71 |  Repayment Received
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| September 2009 | $86.96 | $0.00 |  Delinquent
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| October 2009 | $86.96 | $0.00 | Delinquent
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| November 2009 | $86.96 | $0.00 | Delinquent
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| December 2009 | $130.44 | Available Dec 1 | |||
| January 2010 | $86.96 | Available Jan 1 | |||
| February 2010 | $86.96 | Available Feb 1 | |||
| March 2010 | $86.96 | Available Mar 1 | |||
| April 2010 | $86.96 | Available Apr 1 | |||
| May 2010 | $86.96 | Available May 1 | |||
| June 2010 | $86.92 | Available Jun 1 | |||
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