Kalsoom Muhammad Hussain Group
Status: Paying Back - Delinquent
| $1,200.00 | Loan Amount |
|---|
About the Group
| Group Name: | Kalsoom Muhammad Hussain Group |
|---|---|
| Group Members: |
Kalsoom Muhammad hussain Nasreen Amanat masih Bashiran Barkat masih Sakina Sobia masih |
| Location: | Raiwind, Pakistan |
| Activity: | Jewelry |
About the Loan
| Loan Amount: | $1,200.00 |
|---|---|
| Loan Use: | To buy materials for her husband's jewelry business. |
| Repayment Term: | 13 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | Covered  |
| Date Listed: | Jun 8, 2009 |
| Date Disbursed: | May 28, 2009 |
| Date Funded: | Jun 21, 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: | 80.5600 PKR = 1 USD |
Kalsoom baji is the wife of Muhammad hussain. They have lived in a mid-size city Riwind, Pakistan for the past ten years. They are a very hardworking couple. Kalsoom baji prepares decorative embroidered dresses based on orders from the shops and Mr. Hussain makes artificial jewelry and sells it the jewelry shops.
Kalsoom baji is applying for a loan to buy beads, tools, and sketches for her husband’s jewelry making business. She is the leader of a group of three other women from her locality. Nasreen baji wants a loan to buy groceries for her grocery ssyore. Bashiran baji wants a loan to buy material beads, colored thread, and clothing for her embroidered clothing business. Sakina baji wants a loan to buy biscuit packs wholesale to sell.
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 Kalsoom Muhammad Hussain Group
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Loan has been disbursed
Location: Raiwind, Pakistan
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Posted by
from Raiwind, Pakistan
Jun 22, 2009 |
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Comment on this entry
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Repayment Schedule for Kalsoom Muhammad Hussain Group
Repayment Schedule for Kalsoom Muhammad Hussain Group
| Expected Repayments | Actual Repayments | Comments | |||
|---|---|---|---|---|---|
| August 2009 | $52.17 | $54.63 |  Repayment Received
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| September 2009 | $104.34 | $0.00 |  Delinquent
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| October 2009 | $104.34 | $0.00 | Delinquent
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| November 2009 | $104.34 | $0.00 | Delinquent
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| December 2009 | $156.51 | Available Dec 1 | |||
| January 2010 | $104.34 | Available Jan 1 | |||
| February 2010 | $104.34 | Available Feb 1 | |||
| March 2010 | $104.34 | Available Mar 1 | |||
| April 2010 | $104.34 | Available Apr 1 | |||
| May 2010 | $104.34 | Available May 1 | |||
| June 2010 | $156.60 | Available Jun 1 | |||
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