Khalida Muhammad Afzal Group


Status: Paying Back - Delinquent

$1,750.00   Loan Amount
4% repaid

About the Group

Group Name: Khalida Muhammad Afzal Group
Group Members: Khalida Muhammad afzal
Shakeela Jumah
Nasreen kosar Shahid hussain
Gulzaran Muhamma Ramzan
Sajida aziz Abdul hameed khan
Abida parveen Rafaqat ali
Naseem akhtar Manzoor ahmad
Location: Borewala, Pakistan
Activity: Grocery Store

About the Loan

Loan Amount: $1,750.00
Loan Use: Buy groceries for grocery shop.
Repayment Term: 13 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Jun 1, 2009
Date Disbursed: May 23, 2009
Date Funded:Jun 18, 2009

About the Country

Country:Pakistan
Avg Annual Income:$3,004.00
Currency:Pakistan Rupees (PKR)
Exchange Rate:80.6500 PKR = 1 USD



My name is Khalida and my husband is Muhammad Afzal, We both have been living in Borewala, Pakistan for the past 25 years. My husband runs a grocery shop in the community. He has four years of experience in this business. I also operate a sewing clothes business to share the financial burden. I’m applying for a loan to buy groceries to diversify my husband’s grocery shop. I’m the group leader of six other women.


Shakeela wants a loan to buy an auto-rickshaw (a local three-wheeled motor vehicle). Nasreen Kosar wants a loan to buy material (dry fruits, cooking oil and sugar) for her sweetmeat selling business. Gulzaran wants a loan to buy decoration pieces to sell. Sajida Aziz wants a loan to buy stationary (pens, pencils and notebooks) to sell. Abida Parveen wants a loan to buy cosmetics to sell. Naseem Akhtar wants a loan to buy cigarette packs to sell.


This is a group loan. The loan funds will be distributed among members, each of whom will invest in her own business. 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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Lenders to this group

Randy
Aliso Viejo, CA
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Laurent D
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Belgium

NumbNut
Goonellabah, NSW
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Mila
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Anonymous
San Diego, CA
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Aaron, Yosmar & Stella
APO, AP
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Christine
Westboro, MA
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Lori
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Katharine
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terrell
san francisco, CA
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Salina
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Arta & Tom
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Emily
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Paulin
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Dcengr
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Carol
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Filippo
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Chaos Girl
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Tobias
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Heather
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Shoba
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Anonymous
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Michael & Janet
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Doug
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Anonymous
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Maureen & Barry
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Richard Drdul
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Paul
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Mike
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Tom
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Alastair
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Harmen
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Michael
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Anonymous
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Adele
Seaford, East Sussex
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Quenten & Bonnie
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Diane R
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David & Margaret
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MARGARETE
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Carol
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John
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Tom
Bozeman, MT
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Patricia
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Nick
Franklin, WI
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Julienyves
Ljubljana,
Slovenia

bruce
fairbanks, alaska
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Rolf
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Ross
wellesley, MA
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Nancy
Chapel Hill, NC
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Chris
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Neal
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Journal entries for Khalida Muhammad Afzal Group


Loan has been disbursed
 
Entrepreneur: Khalida Muhammad Afzal Group
Location: Borewala, Pakistan

Thank you for your loan. It has been disbursed to Khalida Muhammad afzal Group, consisting of Khalida Muhammad afzal, Shakeela Jumah, Nasreen kosar Shahid hussain, Gulzaran Muhamma Ramzan, Sajida aziz Abdul hameed khan, Abida parveen Rafaqat ali, Naseem akhtar Manzoor 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 Borewala, Pakistan
Jun 19, 2009
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Kiva Help Repayment Schedule for Khalida Muhammad Afzal Group

  Expected Repayments Actual Repayments Comments
August 2009 $76.09 $80.21 Repayment Received
September 2009 $152.18 $0.00 Delinquent
October 2009 $228.27 $0.00 Delinquent
November 2009 $152.18 $0.00 Delinquent
December 2009 $152.18 Available Dec 1  
January 2010 $152.18 Available Jan 1  
February 2010 $152.18 Available Feb 1  
March 2010 $228.27 Available Mar 1  
April 2010 $152.18 Available Apr 1  
May 2010 $152.18 Available May 1  
June 2010 $152.11 Available Jun 1