Kosar Muhammad Awais Group
Status: Paying Back - Delinquent
| $1,750.00 | Loan Amount |
|---|
About the Group
| Group Name: | Kosar Muhammad Awais Group |
|---|---|
| Group Members: |
Kosar Muhammad Awais Raeesa kanwal Muhammad khalid Shamim akhtar Muhammad sadiq Ghafooran Muhammad shabbir Naseeban Rasheed ahmad Abida hafiz Abdul majeed Naseem akhtar Muhammad ramzan |
| Location: | Borewala, Pakistan |
| Activity: | Jewelry |
About the Loan
| Loan Amount: | $1,750.00 |
|---|---|
| Loan Use: | To buy bangles to sell |
| 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 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: | 80.6500 PKR = 1 USD |
Kosar Baji is the leader of a group of six other women from her locality. Raeesa Kanwal Baji and Shamim Akhtar Baji each want a loan to buy sewing machines for their tailoring businesses. Ghafooran Baji wants a loan to buy decorations to sell. Naseeban Baji wants a loan to buy seasonal fruits to sell. Abida Hafiz Baji wants a loan to buy stationary (pens, pencils and notebooks) to sell. Naseem Akhtar Baji wants a loan to buy a donkey cart for loading.
This is a group loan. The 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 Kosar Muhammad Awais Group
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Loan has been disbursed
Location: Borewala, Pakistan
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Posted by
from Borewala, Pakistan
Jun 19, 2009 |
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Comment on this entry
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Repayment Schedule for Kosar Muhammad Awais Group
Repayment Schedule for Kosar Muhammad Awais Group
| Expected Repayments | Actual Repayments | Comments | |||
|---|---|---|---|---|---|
| August 2009 | $76.09 | $80.21 |  Repayment Received
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| September 2009 | $152.18 | $0.00 |  Delinquent
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| October 2009 | $228.27 | $0.00 | Delinquent
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| November 2009 | $152.18 | $0.00 | Delinquent
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| 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 | |||
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