Sakina Muhammad Bashir Group


Status: Paying Back - Delinquent

$1,150.00   Loan Amount
4% repaid

About the Group

Group Name: Sakina Muhammad Bashir Group
Group Members: Sakina Muhammad bashir
Hamidan Wazir ahmad
Jamila Abdul sattar
Sajida parveen Zahid pervaiz
Nagina kosar Abdul ghaffar
Naseem Muhammad irfan
Location: Borewala, Pakistan
Activity: Retail

About the Loan

Loan Amount: $1,150.00
Loan Use: To buy bangles to expand her business
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 Country

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



Sakina baji is a widow and has resided in Borewala, Pakistan, for the past fifteen years. Her husband died of a heart attack and left her in a condition where she had no financial resources. She started a clothes-sewing business to earn income. With the profit she was able to start another business and that was selling bangles. She gathers a good number of customers from her variety of bangles. She is very happy with her success and is applying for a loan to buy bangles to expand her bangle-selling business.

She is the group leader of five other women from her locality:

Hamidan baji, Naseem baji and Jamila baji each want a loan to buy fertilizer to sell.

Sajida parveen baji wants a loan to buy groceries for her grocery shop.

Nagina kosar baji wants a loan to buy plastic beans for her business making plastic bags.




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 Sakina Muhammad Bashir Group


Loan has been disbursed
 
Entrepreneur: Sakina Muhammad Bashir Group
Location: Borewala, Pakistan

Thank you for your loan. It has been disbursed to Sakina Muhammad bashir Group, consisting of Sakina Muhammad bashir, Hamidan Wazir ahmad, Jamila Abdul sattar, Sajida parveen Zahid pervaiz, Nagina kosar Abdul ghaffar, Naseem Muhammad irfan 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 4, 2009
Comments (1)

Kiva Help Repayment Schedule for Sakina Muhammad Bashir Group

  Expected Repayments Actual Repayments Comments
August 2009 $50.00 $52.29 Repayment Received
September 2009 $100.00 $0.00 Delinquent
October 2009 $100.00 $0.00 Delinquent
November 2009 $100.00 $0.00 Delinquent
December 2009 $150.00 Available Dec 1  
January 2010 $100.00 Available Jan 1  
February 2010 $100.00 Available Feb 1  
March 2010 $100.00 Available Mar 1  
April 2010 $100.00 Available Apr 1  
May 2010 $100.00 Available May 1  
June 2010 $150.00 Available Jun 1