Wakeelan Abdul Wahid Group


Status: Paying Back - Delinquent

$825.00   Loan Amount
4% repaid

About the Group

Group Name: Wakeelan Abdul Wahid Group
Group Members: Wakeelan Abdul wahid
Jamila Muhammad akram
Irshad Muhammad rafiq
Zobia Shahbaz ahmad
Salma Allah ditta
Location: Borewala, Pakistan
Activity: Timber Sales

About the Loan

Loan Amount: $825.00
Loan Use: To buy timber for her husband's business
Repayment Term: 13 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Jun 1, 2009
Date Disbursed: May 27, 2009
Date Funded:Jun 6, 2009

About the Country

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



Jamila baji wants a loan to buy warm clothes (sweaters) for making woolen balls to sell.

Irshad baji wants a loan to buy seasonal fruits to sell.

Zobia baji wants a loan to buy scrap for her scrap business.

Salma baji wants a loan to buy utensils to sell.

Wakeelan baji is the group leader of these above mentioned ladies. They all belong to Borewala, Pakistan, a city famous for its shrines. They are all very hardworking ladies.

Wakeelan baji prepares embroidered dresses to order. She does this work to share the financial burden of her husband. Her husband runs a timber-selling business. He has 3 years of experience in this business. She is applying for a loan to buy timber to expand his timber-selling business.

Note: Jamila baji is showing her woolen balls which she gets from the old warm sweaters.




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 Wakeelan Abdul Wahid Group


Loan has been disbursed
 
Entrepreneur: Wakeelan Abdul Wahid Group
Location: Borewala, Pakistan

Thank you for your loan. It has been disbursed to Wakeelan Abdul wahid Group, consisting of Wakeelan Abdul wahid, Jamila Muhammad akram, Irshad Muhammad rafiq, Zobia Shahbaz ahmad, Salma Allah ditta 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 7, 2009
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Kiva Help Repayment Schedule for Wakeelan Abdul Wahid Group

  Expected Repayments Actual Repayments Comments
August 2009 $35.87 $37.55 Repayment Received
September 2009 $71.74 $0.00 Delinquent
October 2009 $71.74 $0.00 Delinquent
November 2009 $107.61 $0.00 Delinquent
December 2009 $71.74 Available Dec 1  
January 2010 $71.74 Available Jan 1  
February 2010 $71.74 Available Feb 1  
March 2010 $71.74 Available Mar 1  
April 2010 $71.74 Available Apr 1  
May 2010 $107.61 Available May 1  
June 2010 $71.73 Available Jun 1