Shazia Khan Abdul Salam Group


Status: Paying Back - Delinquent

$825.00   Loan Amount
4% repaid

About the Group

Group Name: Shazia Khan Abdul Salam Group
Group Members: Shazia khan Abdul salam
Sabiha naz Ehsan abbas
Malkana Allah ditta
Ruqaiya Hafiz yaseen
Rafiqa khatoon Iftikhar ahmad
Location: Multan, Pakistan
Activity: Embroidery

About the Loan

Loan Amount: $825.00
Loan Use: To increase the profit of boutique
Repayment Term: 13 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Jun 1, 2009
Date Disbursed: May 20, 2009
Date Funded:Jun 4, 2009

About the Country

Country:Pakistan
Avg Annual Income:$3,004.00
Currency:Pakistan Rupees (PKR)
Exchange Rate:80.2423 PKR = 1 USD



Sabiha naz baji wants a loan to buy edible items (chips & biscuits) to sell. Malkana baji wants a loan to buy a sewing machine for sewing clothes. Ruqaiya baji wants a loan to buy material (beads, colored thread and clothes) for her decorative embroidery business. Rafiqa khatoon baji wants a loan to buy animals (goats) for her butcher shop.


Shazia khan baji is the group leader of these ladies mentioned above. They all live in a city named Multan, Pakistan. Multan city is famous for its shrines. They all are ladies who are struggling. They run their own businesses to manage their financial expenses. Rafiqa baji runs a boutique in the community. She prepares simple and designer clothes and displays them in the boutique and sells them. She is applying for a loan to buy material (beads, clothes, and colored thread) to increase the profit of her boutique.


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 Shazia Khan Abdul Salam Group


Loan has been disbursed
 
Entrepreneur: Shazia Khan Abdul Salam Group
Location: Multan, Pakistan

Thank you for your loan. It has been disbursed to Shazia khan Abdul salam Group, consisting of Shazia khan Abdul salam, Sabiha naz Ehsan abbas, Malkana Allah ditta, Ruqaiya Hafiz yaseen, Rafiqa khatoon Iftikhar ahmad 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 5, 2009
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Kiva Help Repayment Schedule for Shazia Khan Abdul Salam Group

  Expected Repayments Actual Repayments Comments
August 2009 $35.87 $37.50 Repayment Received
September 2009 $107.61 $0.00 Delinquent
October 2009 $71.74 $0.00 Delinquent
November 2009 $71.74 $0.00 Delinquent
December 2009 $71.74 Available Dec 1  
January 2010 $71.74 Available Jan 1  
February 2010 $107.61 Available Feb 1  
March 2010 $71.74 Available Mar 1  
April 2010 $71.74 Available Apr 1  
May 2010 $71.74 Available May 1  
June 2010 $71.73 Available Jun 1