Bashiran Sardar Group


Status: Paying Back - Delinquent

$1,100.00   Loan Amount
9% repaid

About the Group

Group Name: Bashiran Sardar Group
Group Members: Bashiran Sardar
Rahmatay Bota masih
Maryam Fayyaz masih
Naseem Kali masih
Bashiran Amanat masih
Location: Kasur, Pakistan
Activity: Retail

About the Loan

Loan Amount: $1,100.00
Loan Use: To buy leather to resell
Repayment Term: 13 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Jun 1, 2009
Date Disbursed: May 18, 2009
Date Funded:Jun 15, 2009

About the Country

Country:Pakistan
Avg Annual Income:$3,004.00
Currency:Pakistan Rupees (PKR)
Exchange Rate:80.5942 PKR = 1 USD



Rahmatay baji, Maryam baji, Naseem baji and Bashiran baji each want a loan to buy leather for their leather selling business.



Bashiran baji is a wife of Mr. Sardar and a citizen of a city named Kasur, Pakistan for the past 15 years. Her husband runs a leather selling business. He sells leather to the factories and earns income. Bashiran baji operates a clothes sewing business to pay off the utilities. Through her business, her husband gets some ease from the financial burden. She is applying for a loan to increase the profit of her husband's leather selling business by buying leather.


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 Bashiran Sardar Group


Loan has been disbursed
 
Entrepreneur: Bashiran Sardar Group
Location: Kasur, Pakistan

Thank you for your loan. It has been disbursed to Bashiran Sardar Group, consisting of Bashiran Sardar, Rahmatay Bota masih, Maryam Fayyaz masih, Naseem Kali masih, Bashiran Amanat 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 Kasur, Pakistan
Jun 15, 2009
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Kiva Help Repayment Schedule for Bashiran Sardar Group

  Expected Repayments Actual Repayments Comments
August 2009 $95.66 $100.00 Repayment Received
September 2009 $95.66 $0.00 Delinquent
October 2009 $95.66 $0.00 Delinquent
November 2009 $95.66 $0.00 Delinquent
December 2009 $95.66 Available Dec 1  
January 2010 $143.49 Available Jan 1  
February 2010 $95.66 Available Feb 1  
March 2010 $95.66 Available Mar 1  
April 2010 $95.66 Available Apr 1  
May 2010 $95.66 Available May 1  
June 2010 $95.57 Available Jun 1