Samina Ashiq Ali Group


Status: Paying Back - Delinquent

$725.00   Loan Amount
4% repaid

About the Group

Group Name: Samina Ashiq Ali Group
Group Members: Samina Ashiq ali
Jamila Halal din
Irshad Muhammad Mustafa
Location: Borewala, Pakistan
Activity: Motorcycle Transport

About the Loan

Loan Amount: $725.00
Loan Use: To repair her husband's auto-rickshaw
Repayment Term: 13 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Jun 1, 2009
Date Disbursed: May 26, 2009
Date Funded:Jun 18, 2009

About the Country

Country:Pakistan
Avg Annual Income:$3,004.00
Currency:Pakistan Rupees (PKR)
Exchange Rate:81.0600 PKR = 1 USD



Samina baji is the wife of Ashiq ali and they live in Borewala, Pakistan. They feel themselves lucky to be a part of a city which is famous for its shrines. Samina baji operates a clothes-sewing business. She does this work to pay off the utilities.

Her husband is an auto-rickshaw (a local three-wheeled motor vehicle) driver with three years experience. She is applying for a loan to repair her husband’s auto-rickshaw because its repair has become essential otherwise its engine becomes seized.

Samina baji is the group leader of two other women from her locality:

Jamila baji wants a loan to buy items (chairs, scissors and creams) for her barber shop.

Irshad baji wants a loan to buy ice to sell.




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 Samina Ashiq Ali Group


Loan has been disbursed
 
Entrepreneur: Samina Ashiq Ali Group
Location: Borewala, Pakistan

Thank you for your loan. It has been disbursed to Samina Ashiq ali Group, consisting of Samina Ashiq ali, Jamila Halal din, Irshad Muhammad Mustafa 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 Samina Ashiq Ali Group

  Expected Repayments Actual Repayments Comments
August 2009 $31.52 $32.81 Repayment Received
September 2009 $63.04 $0.00 Delinquent
October 2009 $63.04 $0.00 Delinquent
November 2009 $94.56 $0.00 Delinquent
December 2009 $63.04 Available Dec 1  
January 2010 $63.04 Available Jan 1  
February 2010 $63.04 Available Feb 1  
March 2010 $63.04 Available Mar 1  
April 2010 $63.04 Available Apr 1  
May 2010 $94.56 Available May 1  
June 2010 $63.08 Available Jun 1