Waziran Riaz Ahmad Group
Status: Paying Back - Delinquent
| $300.00 | Loan Amount |
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4% repaid
About the Group
| Group Name: | Waziran Riaz Ahmad Group |
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| Group Members: |
Waziran Riaz ahmad Saiqa Gulzar ahmad |
| Location: | Multan, Pakistan |
| Activity: | Embroidery |
About the Loan
| Loan Amount: | $300.00 |
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| Loan Use: | To buy material for preparing embroidered dresses |
| Repayment Term: | 13 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | Covered  |
| Date Listed: | Jun 1, 2009 |
| Date Disbursed: | May 21, 2009 |
| Date Funded: | Jun 1, 2009 |
About the Field Partner
About the Field Partner
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| Field Partner: | Asasah, a partner of Save the Children |
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| 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: | 80.3100 PKR = 1 USD |
Waziran mai and Saiqa baji are both citizens of Multan, Pakistan, a city famous for its shrines.
They are both involved in a decorative-embroidery business. They take orders from the clothes shops and prepare an embroidered dress in fifteen days to earn income. Their families are very happy with them. They respect each other a lot. There's just one difference between them otherwise they are equal: Waziran baji is the leader of Saiqa baji.
They both are applying for a loan to buy material (beads, colored thread and cloth) to expand their decorative-embroidery 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
They are both involved in a decorative-embroidery business. They take orders from the clothes shops and prepare an embroidered dress in fifteen days to earn income. Their families are very happy with them. They respect each other a lot. There's just one difference between them otherwise they are equal: Waziran baji is the leader of Saiqa baji.
They both are applying for a loan to buy material (beads, colored thread and cloth) to expand their decorative-embroidery 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 Waziran Riaz Ahmad Group
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Loan has been disbursed
Location: Multan, Pakistan
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Posted by
from Multan, Pakistan
Jun 2, 2009 |
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Repayment Schedule for Waziran Riaz Ahmad Group
Repayment Schedule for Waziran Riaz Ahmad Group
| Expected Repayments | Actual Repayments | Comments | |||
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| August 2009 | $13.04 | $13.65 |  Repayment Received
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| September 2009 | $39.12 | $0.00 |  Delinquent
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| October 2009 | $26.08 | $0.00 | Delinquent
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| November 2009 | $26.08 | $0.00 | Delinquent
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| December 2009 | $26.08 | Available Dec 1 | |||
| January 2010 | $26.08 | Available Jan 1 | |||
| February 2010 | $39.12 | Available Feb 1 | |||
| March 2010 | $26.08 | Available Mar 1 | |||
| April 2010 | $26.08 | Available Apr 1 | |||
| May 2010 | $26.08 | Available May 1 | |||
| June 2010 | $26.16 | Available Jun 1 | |||
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