Tasleem Muhammad Ashiq Group
Status: Paying Back - Delinquent
| $1,375.00 | Loan Amount |
|---|
About the Group
| Group Name: | Tasleem Muhammad Ashiq Group |
|---|---|
| Group Members: |
Tasleem Muhammad Ashiq Najma Muhammad bashir bhatti Rani George masih bhatti Hina Muhammad Ashraf Nusrat Abdul majeed malik |
| Location: | Yadgar, Pakistan |
| Activity: | Clothing Sales |
About the Loan
| Loan Amount: | $1,375.00 |
|---|---|
| Loan Use: | To buy clothes to sell |
| Repayment Term: | 13 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | Covered  |
| Date Listed: | Jun 1, 2009 |
| Date Disbursed: | May 16, 2009 |
| Date Funded: | Jun 11, 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: | 80.5942 PKR = 1 USD |
Tasleem baji is the wife of Muhammad ashiq and they live in a historical part of the city of Lahore named Yadgar, Pakistan. She is the group leader of above mentioned ladies. Her husband runs a clothes-selling business. He buys clothes from the famous markets of Lahore (Ichara and Anarkali) and resells to clothes shops to earn income. Tasleem baji is applying for a loan to buy clothes to increase the profits of her husband's business.
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 Tasleem Muhammad Ashiq Group
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Loan has been disbursed
Location: Yadgar, Pakistan
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Posted by
from Yadgar, Pakistan
Jun 12, 2009 |
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Comment on this entry
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Repayment Schedule for Tasleem Muhammad Ashiq Group
Repayment Schedule for Tasleem Muhammad Ashiq Group
| Expected Repayments | Actual Repayments | Comments | |||
|---|---|---|---|---|---|
| August 2009 | $119.56 | $125.00 |  Repayment Received
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| September 2009 | $119.56 | $0.00 |  Delinquent
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| October 2009 | $119.56 | $0.00 | Delinquent
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| November 2009 | $119.56 | $0.00 | Delinquent
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| December 2009 | $179.34 | Available Dec 1 | |||
| January 2010 | $119.56 | Available Jan 1 | |||
| February 2010 | $119.56 | Available Feb 1 | |||
| March 2010 | $119.56 | Available Mar 1 | |||
| April 2010 | $119.56 | Available Apr 1 | |||
| May 2010 | $119.56 | Available May 1 | |||
| June 2010 | $119.62 | Available Jun 1 | |||
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