Kaniz Fatima Muhammad Alam Group
Status: Paying Back - Delinquent
| $375.00 | Loan Amount |
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4% repaid
About the Group
| Group Name: | Kaniz Fatima Muhammad Alam Group |
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| Group Members: |
Kaniz Fatima Muhammad alam Shamim akhtar Muhammad hanif Shahnaz Abdul hameed |
| Location: | Borewala, Pakistan |
| Activity: | Grocery Store |
About the Loan
| Loan Amount: | $375.00 |
|---|---|
| Loan Use: | To 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 28, 2009 |
| Date Funded: | Jun 3, 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: | 81.0600 PKR = 1 USD |
Shamim akhtar baji wants a loan to buy seasonal fruits & vegetables to sell.
Shahnaz baji wants a loan to buy a donkey cart for loading.
Kaniz Fatima baji is the group leader of the above-mentioned ladies. They all belong to a city named Borewala, Pakistan. Borewala city is famous for its shrines. Kaniz baji is married to Muhammad alam who runs a grocery shop in the community. He has three years of experience in this business. Kaniz baji is a very hardworking lady. She runs a sewing clothes business to pay off the utilities and to share the financial burden with her husband. She is applying for a loan to buy groceries for her husband’s grocery shop.
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
Shahnaz baji wants a loan to buy a donkey cart for loading.
Kaniz Fatima baji is the group leader of the above-mentioned ladies. They all belong to a city named Borewala, Pakistan. Borewala city is famous for its shrines. Kaniz baji is married to Muhammad alam who runs a grocery shop in the community. He has three years of experience in this business. Kaniz baji is a very hardworking lady. She runs a sewing clothes business to pay off the utilities and to share the financial burden with her husband. She is applying for a loan to buy groceries for her husband’s grocery shop.
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 Kaniz Fatima Muhammad Alam Group
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Loan has been disbursed
Location: Borewala, Pakistan
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Posted by
from Borewala, Pakistan
Jun 4, 2009 |
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Comment on this entry
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Repayment Schedule for Kaniz Fatima Muhammad Alam Group
Repayment Schedule for Kaniz Fatima Muhammad Alam Group
| Expected Repayments | Actual Repayments | Comments | |||
|---|---|---|---|---|---|
| August 2009 | $16.30 | $17.08 |  Repayment Received
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| September 2009 | $32.60 | $0.00 |  Delinquent
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| October 2009 | $32.60 | $0.00 | Delinquent
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| November 2009 | $32.60 | $0.00 | Delinquent
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| December 2009 | $48.90 | Available Dec 1 | |||
| January 2010 | $32.60 | Available Jan 1 | |||
| February 2010 | $32.60 | Available Feb 1 | |||
| March 2010 | $32.60 | Available Mar 1 | |||
| April 2010 | $32.60 | Available Apr 1 | |||
| May 2010 | $32.60 | Available May 1 | |||
| June 2010 | $49.00 | Available Jun 1 | |||
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