Shamim Akhtar Younas Masih Group


Status: Paying Back - Delinquent

$750.00   Loan Amount
4% repaid

About the Group

Group Name: Shamim Akhtar Younas Masih Group
Group Members: Shamim akhtar Younas masih
Bushra Abid ameen
Rasheedan Younas masih
Veenus Ashraf
Location: Multan, Pakistan
Activity: Clothing Sales

About the Loan

Loan Amount: $750.00
Loan Use: To buy clothes for her husband to resell
Repayment Term: 13 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Jun 1, 2009
Date Disbursed: May 19, 2009
Date Funded:Jun 16, 2009

About the Country

Country:Pakistan
Avg Annual Income:$3,004.00
Currency:Pakistan Rupees (PKR)
Exchange Rate:80.3700 PKR = 1 USD



Shamim akhtar baji is the wife of Younas masih who has lived in a city named Multan, Pakistan for the past 18 years. Multan is famous for its shrines. Her husband deals in a clothes business. He buys clothes from the famous bazaar of Multan and sells to the clothes shops and in the community. He has five years of experience in this business.

Shamim baji is a very good human being. She performs her duties as a wife and as a woman efficiently. Her husband is very happy with her. She is applying for a loan to buy more clothes to expand her husband’s clothes-selling business.

She is the group leader of three other women from her locality:

Bushra baji wants a loan to buy scrap for her scrap business.

Rasheedan baji wants a loan to buy clothes to sell.

Veenus baji wants a loan to buy a buffalo for her milk-selling business.




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 Shamim Akhtar Younas Masih Group


Loan has been disbursed
 
Entrepreneur: Shamim Akhtar Younas Masih Group
Location: Multan, Pakistan

Thank you for your loan. It has been disbursed to Shamim akhtar Younas masih Group, consisting of Shamim akhtar Younas masih, Bushra Abid ameen, Rasheedan Younas masih, Veenus Ashraf 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 Multan, Pakistan
Jun 16, 2009
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Kiva Help Repayment Schedule for Shamim Akhtar Younas Masih Group

  Expected Repayments Actual Repayments Comments
August 2009 $65.22 $34.38 Delinquent
September 2009 $65.22 $0.00 Delinquent
October 2009 $65.22 $0.00 Delinquent
November 2009 $65.22 $0.00 Delinquent
December 2009 $65.22 Available Dec 1  
January 2010 $65.22 Available Jan 1  
February 2010 $97.83 Available Feb 1  
March 2010 $65.22 Available Mar 1  
April 2010 $65.22 Available Apr 1  
May 2010 $65.22 Available May 1  
June 2010 $65.19 Available Jun 1