Sakina Muhammad Hussain Group
Status: Paying Back - Delinquent
| $550.00 | Loan Amount |
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About the Group
| Group Name: | Sakina Muhammad Hussain Group |
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| Group Members: |
Sakina Muhammad Hussain Naheed Muhammad Arshad Taj Taj Muhammad |
| Location: | Kasur, Pakistan |
| Activity: | Dairy |
About the Loan
| Loan Amount: | $550.00 |
|---|---|
| Loan Use: | To buy another buffalo for their dairy business. |
| 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 8, 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 |
Taj baji wants a loan to buy shoe boxes to sell.
Sakina baji is the wife of Muhammad Hussain and has lived in a city named Kasur, Pakistan for the past 10 years. Kasur city is famous for its sweet meat. Her husband belongs to a dairy business. Presently, they have one buffalo at their home and Sakina baji takes care of it. They both get up at 4 o'clock and get milk from the buffalo, then Mr. Hussain goes to the milk shops and sells the milk to them and earns income. Now they both are planning to buy another buffalo to expand their dairy 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 Sakina Muhammad Hussain Group
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Loan has been disbursed
Location: Kasur, Pakistan
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Posted by
from Kasur, Pakistan
Jun 9, 2009 |
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Comment on this entry
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Repayment Schedule for Sakina Muhammad Hussain Group
Repayment Schedule for Sakina Muhammad Hussain Group
| Expected Repayments | Actual Repayments | Comments | |||
|---|---|---|---|---|---|
| August 2009 | $47.82 | $50.00 |  Repayment Received
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| September 2009 | $47.82 | $0.00 |  Delinquent
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| October 2009 | $47.82 | $0.00 | Delinquent
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| November 2009 | $47.82 | $0.00 | Delinquent
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| December 2009 | $47.82 | Available Dec 1 | |||
| January 2010 | $71.73 | Available Jan 1 | |||
| February 2010 | $47.82 | Available Feb 1 | |||
| March 2010 | $47.82 | Available Mar 1 | |||
| April 2010 | $47.82 | Available Apr 1 | |||
| May 2010 | $47.82 | Available May 1 | |||
| June 2010 | $47.89 | Available Jun 1 | |||
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